-Livemint.com Maharashtra farmers continue with their protests despite assurance from chief minister Devendra Fadnavis of a debt waiver by October New Delhi: The fifth day of the strike by protesting farmers in Maharashtra on Monday witnessed unprecedented visuals of milk tankers being ferried to state capital Mumbai under heavy police cover. Not long ago, before the monsoons arrived last year, rail wagons transporting water to severely drought-hit districts in the state were...

-The Times of India Demands for loan write-offs being stonewalled by the government seems to be the primary reason driving the country's farm folk to protests that are periodically degenerating into violence. Additionally, the governments' unwillingness to increase the minimum support price (MSP) to check food-induced inflation that would impact voters, too, could be a factor. While UP government's decision on April 12 to announce loan waiver for the state's three crore farmers...

-Livemint.com Bank loans to rural India were the most affected, but other parts of the country also saw a deceleration in credit growth, RBI data shows It is, of course, well known that the growth of bank credit slowed in the second half of 2016-17 due to Demonetisation. Reserve Bank of India (RBI) data shows that as on 30 September 2016, the annual rate of growth of bank credit was 12.1%. That...

-The Telegraph New Delhi: Former Prime Minister Manmohan Singh today directly linked the slowdown in growth to Demonetisation, pointed out that private investments had almost dried up and expressed deep concern over a jobs crunch. The most authoritative Opposition voice on the economy was speaking at the Congress Working Committee meeting, five months after describing Demonetisation as "organised loot and legalised plunder" and warning that growth would be severely affected. "India's GDP numbers...

-Firstpost.com If one purely compare the January-March quarter GDP growth of fiscal year 2017 and fiscal year 2016, former Prime Minister Manmohan Singh’s prediction that Demonetisation will shave off 2 percentage points of India’s GDP has come true. In the January-March quarter of FY16, GDP grew by 9 percent, which has come down to 6.1 percent in the corresponding quarter this year— a near 3 percentage point difference. Even the full...