-The Hindu Put all arrangements in place well in advance, Harish tells officials SANGAREDDY (Telangana): Irrigation Minister T. Harish Rao has called upon the officials and public representatives to make the Rythu Bandhu (investment support scheme for agriculture) a grand success, stating that this will benefit more than 58 lakh farmers in the State covering about 1.42 crore acres. He said the programme would be held from May 10 to May 17....

-Down to Earth More than creating financial crunch for upcoming sowing season, Cash crunch is impacting the prices at which farmers are selling their produce While the Union government is promising that Cash crunch in the market would end soon, the farmers have already started feeling the pinch badly. The fears of demonetisation have come back for them. They are in soup because not only is this the harvest season, but also...

-Business Standard Although the rate of Cash circulation has surpassed the pre-demonetisation level, it is not in tandem with the rate of economic growth Automated Teller Machines (ATMs) across various states are running dry with the present situation reminiscent of demonetisation of high-value currency notes one-and-a-half years back. States, including Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana, have reported shortage of Cash at ATMs. A stock-taking analysis submitted by...

-Scroll.in From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. One of the most unusual things about the Cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an “unusual spurt” in currency demand, although they...

-The Telegraph Mumbai: Research by the State Bank of India suggests currency notes of higher denominations, especially Rs 2000 notes, are "not getting adequately circulated in the economy" and the tendency to hoard Cash may be having a domino effect. An SBI research report tries to provide a theoretical basis for the sudden evaporation of Cash in some states by linking the phenomenon to the sharp decline in "income velocity" in the...