-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...
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From plate to plough: Growth amidst gloom -Ashok Gulati
-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
More »Demonetisation, farmer suicides, and the Union budget -Roshan Kishore
-Livemint.com Crash in farm prices could accentuate bankruptcy, which was the biggest reason for farmer suicides in 2014 and 2015 After two successive years of drought, 2016 was turning out to be a relatively better year for farmers till 8 November. The decision to scrap high-value currency notes, announced on that day, seems to have hit the farm sector the hardest. While credible and timely data on farm incomes and output is hard...
More »Rabi acreage up 7%; rice, coarse cereals take a hit
-The Hindu Business Line Pulses, wheat, oilseeds gain area New Delhi: Sowing in the on-going rabi season maintained its pace of low growth in the new year with rice and coarse cereals posting a decline and oilseeds remaining stagnant compared with the average of the last five years. Total Sowing till January 6 increased 2.76 per cent to 602.75 lakh hectares (lh) compared with the previous five year’s average (normal of corresponding week)...
More »'Non-profitable' agriculture shrinking fast in hill villages
-Hindustan Times Dehradun: Digamber Negi, 37-year-old farmer in picturesque Doon Dwara village on the border of Dehradun-Tehri Garhwal districts, is cursing his fate after monkeys barged into his field a week ago and destroyed vegetable crop. Like Negi, several other villagers have similar plight to share. The village has a population of 320 people and they are dependent only on agriculture. Villagers complain that in the past one decade or so, attacks by...
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