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Farmers deep in troubled waters -R Balaji

-The Hindu Business Line State govt package is inadequate, unfair and not quick enough, says farm sector Chennai: “When there is no water to drink, what can we say about irrigation?” asked K Venkatesan, a farmer near Vridhachalam. Whether canal dependent or bore well irrigated, all crops have withered, he said. Insurance compensation and the Disbursement of the State government’s relief package have to be expedited, said farmers’ representatives. Farmers have to be fully...

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The politics of demonetisation -Zoya Hasan

-The Hindu As Parliament prepares to convene again after a winter session washed out due to the Opposition’s protest on demonetisation, it is worth asking why political mobilisation against the exercise is proving to be so difficult Demonetisation has been the most hotly debated topic since November 8, when Prime Minister Narendra Modi announced that the high-denomination notes then in circulation would cease to be legal tender. In a single stroke, nearly...

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10-rupee bait for cashless campaign -Ananya Sengupta

-The Telegraph New Delhi: Each citizen who performs at least two cashless transactions with the government will earn their district administration an extra Rs 10 from the Niti Aayog, to be spent on promoting e-payments across the population. This incentive comes over and above a sum of Rs 5 lakh that every district will receive for the campaign, launched today to try and make all government-citizen transactions cashless. As part of the drive,...

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TN sees demonetisation shadow over food output

-The Hindu In its first reaction, State govt. says Disbursement of crop loans severely hit Chennai: Reacting to the demonetisation-triggered crisis for the first time, the Tamil Nadu government on Wednesday said that Disbursement of crop loans to farmers through primary agricultural co-operative credit societies has been affected and it would severely affect food production in the State. The government was “unable” to give new loans to farmers for samba cultivation which accounts...

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In fact: When the money stops -Harish Damodaran

-The Indian Express The effects of de-monetisation will be the most acute when it spreads from consumption in households to production in factories and by farmers across the country. So far, the effects of Prime Minister Narendra Modi’s ‘de-monetisation’ of existing Rs 500 and Rs 1,000 denomination currency notes have been largely felt by households, shopkeepers and other microenterprises. These economic agents have, to a limited extent, adjusted to the new situation...

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