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As business slumps, anxiety grips U.P.'s cattle markets -Jacob Koshy

-The Hindu Managers of around 3,000 privately-run markets are to meet and protest new rules that ban sale of animals for slaughter at cattle markets Fridays are festive days at Pachokhara. For nearly half-a-century now, farmers, cattle-rearers and tradesmen have made the weekly trip to the cricket stadium-sized grounds of the Upadhyay family— prominent local land-owners — to trade cattle. A dirt road splits the ground into a section for buffaloes and another for...

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Economic forecasting is not a science -Prashanth Perumal

-The Hindu India lost its tag as the ‘world’s fastest-growing economy’ last month as its fourth quarter GDP growth fell to 6.1%, the slowest in two years. Very few economists expected the slowdown. In fact, most waited for the economy to rebound as it quickly healed from the impact of the demonetisation of high-value rupee notes in November. Critics of demonetisation felt vindicated, particularly after GDP figures for the third quarter...

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Migrants dominate workforce in marine fisheries sector -U Hiran

-The Hindu Men with no prior experience being employed in boats, says study Kochi (Kerala): Of all the 14 persons who were on board Carmel Matha, the fishing boat which was involved in a mid-sea collision on Sunday, no fishermen belonged to Kerala. Surprising as it may seem, the fact, however, has come as no surprise to those in the marine fisheries sector. A cursory glance at the functioning of fishing harbours of...

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The loan-waiver mountain -Jayanta Roy Chowdhury

-The Telegraph New Delhi: If the Narendra Modi government caves in and grants a nationwide farm loan waiver, the tab could surge to a whopping Rs 3 lakh crore, dwarfing the UPA's initiative in 2008 that cost a little over Rs 52,000 crore. "We have warned that the exchequer will go bust if we grant a general amnesty on farm loans, which will cost over Rs 3 lakh crore," a senior finance...

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The crops of wrath -Harish Damodaran

-The Indian Express Demonetisation may not have hit agriculture production but it is the cause for the current unrest When demonetisation happened, many, including this writer, thought the decision, taken at the start of rabi plantings in November, would significantly impact farm production. We were proved wrong. Good monsoon rains, after successive drought years, besides the timely onset of winter conducive to germination, turned out to be strong motivations for farmers...

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