-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...
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Where Do Nepal and Bhutan Stand One Year After Demonetisation? -Devirupa Mitra
-TheWire.in While Nepal is still awaiting a way to return the banned notes, Bhutan has curbed the use of the new high-denomination notes. New Delhi: When Prime Minister Narendra Modi announced that India would demonetise over 80% of its bank notes on November 8, 2016, two neighbouring nations were also taken by surprise. Nepal and Bhutan both have significant reserves and usage of Indian currency, with the latter giving it the status of...
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 »Madhya Pradesh: Compensation scheme for farmers falls prey to trader cartels -Sayantan Bera
-Livemint.com Madhya Pradesh government had launched the compensation scheme to ensure that farmers receive minimum support price for pulses and oilseeds New Delhi: An ambitious scheme launched by the Madhya Pradesh government to ensure that farmers receive minimum support prices (MSP) for pulses and oilseeds is falling prey to trader cartels, suggest price data from wholesale markets and testimonies by farmer organizations. Following a sharp fall in crop prices over the past year...
More »Indoor pollution killed over 1.24 lakh across India in 2015, says Lancet report -Malavika Vyawahare
-Hindustan Times Medical Journal Lancet released a report highlighting the impact of climate change on people. The report focuses on the need for climate policies that also curb air pollution. New Delhi: Indoor air pollution was linked to over 1.24 lakh deaths across India in 2015, a report published in Lancet – a noted medical journal – has stated. This count was higher than deaths caused by pollution emanating from coal power...
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