-The Hindu Stories of distress, following a year of drought and now demonetisation, reverberate through State BENGALURU: First, the water in their fields disappeared, and now, the cash in the market. For Rajaiah of Boovanahalli in Hassan district, the cash crunch following demonetisation has seen his yet-to-be harvested maize shrouded in uncertainty. “There are no merchants to purchase as they have no cash,” he said. There is desperation, however, as his entire produce...
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Rabi sowing slows down
-The Hindu Business Line Bengaluru/ Ahmedabad: Though acreage under the main rabi (winter) crops, such as wheat, gram and mustard continued to rise, overall sowing for the season across the country has turned sluggish as cash-strapped farmers have slowed down planting. According to preliminary data released by the Agriculture Ministry, acreage under rabi crops till November 18 stood lower, at 241.73 lakh hectares, compared to 243.38 lakh ha in the corresponding period...
More »Demonetisation Fallout: Cashless Villagers Loot PDS Shop in MP's Chhatarpur Village -Manoj Sharma
-News18.com Bhopal: Cashless villagers in Madhya Pradesh's Bardua village looted a public distribution system shop (PDS) after its owner refused them to accept the now-defunct Rs 500 and Rs 1,000 currencies for groceries on Friday, sources told CNN-News18. A group of villagers turned up at the shop to buy food grains and an altercation ensued between them and shop owner Munnilal Ahirwar after the later refused to accept the currencies, police said....
More »Government can now fix retail prices of essential commodities
-PTI This rule will apply to essential commodities that are sold both in loose and packaged form in retail markets To check inflation, the government has amended the metrology rules which would allow it to fix retail prices of essential commodities like pulses and sugar in extraordinary situations. Under the present system, retail prices are fixed by market forces, leaving very little room for the government to check undue spike in prices. “We have...
More »Karnataka govt declares 42 more talukas drought-affected -Sharan Poovanna
-Livemint.com The latest addition takes the total number of drought-affected talukas to 110, out of 177 talukas in the state Bengaluru: The Karnataka government on Wednesday declared 42 more talukas or administrative units as drought-affected. The latest addition takes the total number of drought-affected talukas to 110 (68 were announced drought-affected last week). There are 177 talukas in Karnataka across 30 districts. T.B. Jayachandra, law and parliamentary affairs minister of Karnataka, said that...
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