-Livemint.com The ratio of currency in circulation as share of broad money is back at pre-demonetisation levels, according to Reserve Bank of India data On 8 November 2016, Prime Minister Narendra Modi announced the “demonetisation” of high-value currency notes. When it became clear the ex ante goals of reducing corruption and black money were unlikely to succeed, attention shifted to a range of possible ex post facto rationales for the move. Numerous...

-The Telegraph Why farmers worry when Bhutan lifts stones Saralpara (India-Bhutan border): Since the 1990s, Anarshi Iswary and nearly 500 other farmers from five villages here have been joining hands every Wednesday during the monsoon to build, repair or rebuild a makeshift stone dam on the Saralbhanga, flowing down the hills of Bhutan about 4km away. The Sarpang district administration in Bhutan gives permission with a condition: no digging of the riverbed. The nine-foot-tall...

-Financial Express Water resources minister Nitin Gadkari said on Thursday it was practically difficult for sugarcane farmers in Maharashtra to abandon the water-guzzling crop and shift to other crops, as the latter are less remunerative. “I ask as a farmer. I will not undertake the sugarcane crop, you tell me what should I do…. The price of non-basmati rice is `13-14 per kg, which is peanuts and look at the price (escalation)...

-Scroll.in Madhya Pradesh has added garlic to its price deficit payment scheme while Rajasthan has decided to procure the crop. Last year, Bunty Rawal planted garlic on six acres of his land in Khardabad village in Rajasthan’s Kota district. He reckoned it was a good decision. High quality garlic was selling for around Rs 12,000 a quintal at the time, he said. However, he managed to make only around Rs 5,000 as...

-Business Standard Nabard-Icrier study calls for moving high-water reliant crops like sugarcane in Maharashtra, rice in Punjab to other areas; Gadkari says not possible. With India staring at a looming water crisis, a new study on ‘water productivity mapping of major crops’ has called for putting a price on water used for irrigation to at least recover operating and maintenance costs of structures like canals. It has also called for an end...