-The Hindu Business Line Rabi sowing down; sales of tractors and two-wheelers dip Mumbai: The demonetisation of high-value currency notes seems to have crushed the tender green shoots of economic recovery in rural India by choking off life-sustaining money supply and impeding the wheels of commerce from spinning. From FMCG firms to two-wheelers to tractor makers, companies had been looking forward to an increase in rural demand in the wake of an adequate...
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The sisterhood of self-made wealth -Swapna Majumdar
-The Hindu Business Line SHGs pave the road to financial independence in UP villages Three years ago, Simrikha Devi’s eightyear-old son made an unusual request. He asked for hundred rupees to buy biscuits,knowing well that his mother, a daily wager, would have to scrounge for the money. Although she was taken aback, Simrikha gave him the money. Her curiosity grew further when he returned with a bag of biscuit packets and began hawking...
More »Rabi sowing picking up pace despite demonetisation woes
-The Hindu Business Line Acreage, however, a tad lower than last five years’ average New Delhi: Despite demonetisation leading to a cash crunch in the economy, the sowing of Rabi crops in the season so far, at 415.53 lakh hectares, was 8.5 per cent greater than the 382.84 lakh hectares sown in the same period last year. While acreage under wheat, pulses and oilseeds increased compared to the same period last year, rice...
More »Modi govt yet to match UPA's economic record -Krishna Kant
-Business Standard GDP the only variable where the current government has kept pace with the previous one Mumbai: The Narendra Modi government needs to grow economy at twice the speed in its second term to catch up with the economic performance of the previous United Progressive Alliance-II (UPA-II) government and even faster if it wishes to trounce UPA-I’s record. For example, the manufacturing sector needs to grow at a compounded annual growth rate...
More »Cash crunch leaves farmers high and dry in MP's Bundelkhand
-Hindustan Times Bhopal: The Centre’s demonetisation move has hit the farmers in MP’s Bundelkhand hard who were hoping for good rabi crops after facing four years of hardships owing to drought in the region. Farming is the main occupation in the region, and heavy rains this year had brought smiles on the faces of farmers. As the sowing for winter crops was almost complete in this part of the state before demonetisation was...
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