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Economy will decelerate if States resort to farm loan waivers

-The Hindu Business Line Total burden could swell to Rs. 2.7 lakh cr New Delhi: Farm loan waivers could be detrimental to the economy as they could reduce aggregate demand by 0.7 per cent of GDP, imparting a significant deflationary shock to the economy, the Survey said. There is visible farm stress, even though it is not as widespread as it is made out to be, the Survey said, adding that the drastic...

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Import talk halts onion price surge -Rahul Wadke and Vishwanath Kulkarni

-The Hindu Business Line Mumbai/ Bengaluru: As talk of onion imports gains ground, the price rally in the bulb in recent days seems to be ebbing. Wholesale prices of onions across major markets in Maharashtra, such as Lasalgaon, Pimpalgaon and Niphad, have witnessed a decline in the last two days. In Pimpalgaon, where arrivals stood at 2,500 tonnes on Friday, the modal prices dropped by a fifth to Rs. 2,000 per quintal...

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Risks to growth: mid-year economic concerns

-The Hindu Given the recent policy changes, the CEA has done right to flag mid-year concerns Five months after the Economic Survey 2016-17 was released, Chief Economic Adviser Arvind Subramanian has presented the second volume of the annual economic review-cum-prognosticatory report. With the intervening period having provided a wealth of data points and policy developments, including the momentous roll-out of the Goods and Services Tax, there was a clear need to update...

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Scanty rainfall impacts sowing in State -G Venkataramana Rao

-The Hindu This, despite early release of water to Godavari, Krishna deltas Vijayawada (Andhra Pradesh): Deficit rainfall in July in August has impacted sowing in the State. The State government’s pro-active step to release water early to Godavari and Krishna deltas to hasten sowing too has not worked to the expected level. While the normal area sown till date (August 9 from June 1) is 24 lakh hectares, sowing has been completed only...

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Reverse swing: 900 students choose this Delhi govt school over private ones -Heena Kausar

-Hindustan Times The government Sarvodaya co-ed senior secondary school in Rohini Sector 21, which was opened on April 1, boasts of a swanky building with 69 rooms, including yoga room, music room, mathematics laboratory, and science laboratory. Dressed in a blue shirt, navy blue pants and a matching tie, Class 11 student Harsh Rawat feels no different studying at a government school than what he used to at a nearby private school...

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