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India's rural transformation: A myth or reality? -Pramit Bhattacharya

-Livemint.com The transformation of the Indian countryside has been slow and messy One of the celebrated success stories of India’s growth experience over the past decade was the rapid transformation of the countryside, with a massive shift in the rural labour market away from farm jobs. Two labour economists have now challenged the empirical foundations of that success story, raising deep questions on the nature and scale of that transformation. Their research also...

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Orphan food? Nay, future of food -Satish Deodhar

-Livemint.com Pulses are important from the perspectives of food security, environmental sustainability and balanced nutrition Most pulses such as pigeon pea (tur dal), black gram (urad), green gram (mung), field beans (waal), moth beans (matki) and horse gram (kulith) are native to the Indian subcontinent and have been an integral part of our diet for centuries. However, the single-minded focus on cereals over the last 50 years—the green revolution in wheat and...

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An APMC tale: why market design matters -Niranjan Rajadhyaksha

-Livemint.com The APMC legislation has in effect created fragmented markets—small trading zones that can quite easily be captured by trader cartels Makeshift markets have sprung up in several cities in Maharashtra over the past few weeks, after the state government led by Devendra Fadnavis allowed farmers to sell vegetables and fruit directly to consumers. They are now allowed to bring their produce directly to cities rather than sell them in markets...

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Aadhaar e-PoS leaving out beneficiaries, say activists; Rajasthan government disagrees -Mahim Pratap Singh

-The Indian Express The Rajasthan government has said the state’s record has been exemplary in making the transition from the older ration card-based system to using Aadhaar. Jaipur: Food security activists and economists have expressed concern at the exclusion of thousands of PDS beneficiaries in Rajasthan owing to glitches in the Aadhaar enabled electronic Point of Sale (ePoS) device. The Aadhaar enabled ePoS is dealing a double blow to the state’s public distribution...

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Inflation down, RBI rate cut hopes up -Asit Ranjan Mishra

-Livemint.com Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest in eight months New Delhi: India’s new macroeconomic numbers, the last before the Reserve Bank of India (RBI) meets for its 4 October review of monetary policy, pose a dilemma for its new governor Urjit Patel. Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest...

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