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Rabi sowing slows demand for work under MNREGA in Winter months -Sanjeeb Mukherjee

-Business Standard This is the time when farm labour is engaged in the fields which result in a dip in demand for work under MNREGA New Delhi: November is considered the best month for sowing of rabi crops as the Winter starts setting in and the residual moisture in soil is still available, lowering farmers reliance on ground water. This is also the time, when farm labour is engaged in the fields and...

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Time to blow the whistle -Yogendra Yadav

-The Hindu Parliament is considering an amendment to the Prevention of Corruption Act which would only end up helping the corrupt. Its passage would administer a big blow to our already weak anti-corruption mechanism As the nation engages in a doubtful “war on black money”, we run the risk of disengaging ourselves from any action on corruption, the fountainhead of black money. Indeed, we may be moving backwards in the battle against...

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Will note ban dry up informal loans in rural India? -Sayantan Bera

-Livemint.com Nearly 40% of loans taken by agricultural households come from informal sources, shows data New Delhi: Demonetisation of high value currency has impacted the rural and agriculture sectors in several ways. In the days following Prime Minister Narendra Modi announcing withdrawal of Rs500 and Rs1,000 notes, trade in wholesale markets took a hit due to the acute cash crunch and farmers resorted to distress sales of perishables like fruits and vegetables....

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For agri input providers, rising crop acreages is bittersweet news -R Sree Ram

-Livemint.com While the good news is that crop acreages are not hit, the bad news is that the cash crunch is impacting sales—if this lasts long, demand destruction can be severe The Winter or rabi crop sowing has gathered pace after a setback. The past two readings from the ministry of agriculture show crop sowing growth of 4-8% from the year-ago levels. In the first week after demonetisation, sowing dropped 0.7%. Sowing has now...

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Centre, states to list industries for cashless wage payment

-PTI Amritsar: Aiming to move towards a cashless India, the Centre and states could soon have powers to specify categories of employers who will have to pay wages either through cheques or by crediting the amount directly into the workers’ bank account. “The Government is ready with the Payment of Wages (Amendment) Bill, 2016 which seeks to empower the Centre as well as states to specify industrial or other establishments where employers...

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