-The Indian Express Governments have not acted on recommendations of committees on farmer welfare How many more farmers must die before the prime minister condescends to take notice? How many rats must the protesting Tamil Nadu farmers at Jantar Mantar eat before the government acts? How many more fake farm loan waiver schemes will be announced before the cabinet realises that farmers cannot be fooled anymore? Despite 300,000 farmers taking their lives...
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Egg on the boil! Prices shoot up 40%
-The Times of India NEW DELHI: Hit by tight supply in the many states, egg prices in the country have increased by up to 40 per cent. Poultry Federation of India President Ramesh Katri on Monday said, "the prices have jumped by up to 40 per cent to Rs 7-7.50 per piece in retail markets in most parts of the country, hit by tight supply." He added that the upward trend would...
More »The farm world still a land of cash -Vishwanath Kulkarni
-The Hindu Business Line Scars on agriculture supply chain remain a pain point for commodity prices Bengaluru: A year after demonetisation, the cash-intensive agriculture sector is yet to fully recover from the impact. Cash continues to be the preferred instrument for rural and farm transactions, while alternatives such as cheques and bank transfers are seen making their presence felt in some quarters. The cautious agri-trade is still seen struggling with inventory management, as the...
More »Cash still king as digital payments inch up slowly -Rachel Chitra
-The Times of India CHENNAI: If demonetisation was a push for a cashless economy, it has been working very slowly. Reserve Bank of India data shows the usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit cards has fallen. The UPI payments have been growing, and a significant chunk of them are mobile-based. Overall, electronic payments stood at Rs 200 trillion in...
More »Jean Dreze, development economist, interviewed by Ankita Virmani (Firstpost.com)
-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
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