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Real or nominal? Which farm income will Modi double in 5 years? -Rajalakshmi Nirmal

-The Hindu Business Line Nominal income already doubles every 6 years; real income will take 16 years Nearly a year ago, Prime Minister Narendra Modi unveiled his dream of doubling farmers’ incomes by 2022. But how viable is this promise? For one, there is ambiguity on the number the Centre is targeting. Data on farm income is not released at regular intervals. A survey of the National Sample Survey Organisation comes once in...

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Where not just the food, but the price is tempting too -Tripti Nath

-TheWeekendLeader.com Chennai: In Tamil Nadu, former Chief Minister Jayalalithaa’s posthumous omnipresence is best reflected in the success of the 657 Amma Unavagams (canteens) that serve piping hot fare at unbelievably low rates to anyone who walks in looking for a satisfying meal.   These canteens provide barrier free access and are managed efficiently by a dedicated, diligent and disciplined army of women. Some even wake up at the crack of dawn and start...

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How Demonetisation Has Accelerated Tamil Nadu's Deepening Agrarian Crisis -R Ramasubramanian

-TheWire.in Out of the 144 recorded farmer suicides, over 40 were from outside the Cauvery delta region. Observers and farmers directly attribute demonetisation as one major factor behind the suicides. Tamil Nadu is facing one of its worst agrarian crises since independence. All of the state’s 32 districts have been officially declared as ‘drought-affected’.  In a statement issued on January 10, chief minister O. Panneerselvam announced that the move was necessitated following...

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Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf

-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...

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Demonetisation: Politics trumps economics -Deepak Nayyar

-Livemint.com The possible macroeconomic consequences of demonetisation are cause for concern as cash is the lifeblood of the economy It is exactly one month since Prime Minister Narendra Modi announced the decision that Rs.500 and Rs.1,000 notes would cease to be legal tender acceptable for payments in settlement of transactions. There was some provision for exchange or deposit of old notes at banks, but with specified limits on sums and time. The past...

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