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'RBI Governor must resign over troubles due to note ban' -Arun Janardhanan

-The Indian Express On the latest justifications being given by the RBI, Franco asked “what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?” Chennai: Blaming the Reserve Bank of India Governor Urjit Patel for “misusing” the central bank to carry out demonetisation which “caused trouble to the common man”, D Thomas Franco, general secretary of All India Bank Officers Confederation has...

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Is Rajasthan's Sikar the New Mandsaur? Entire Town Rises to Support Farmer Agitation -Tushar Dhara

-News18.com Nearly every section that constitutes the socio-political economy of Sikar district has turned up to lend support to the farmers' protest, be it students, anganwadi workers, the city bus union, the autorickshaw union, the small traders association or the pump set workers. Sikar: Something unusual is happening in Sikar. For the past 10 days, an agitation is being held at the farmer mandi of the district headquarters here. But what is...

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Rural distress may lessen even as agriculture growth may stay flat -Sandip Das and Banikinkar Pattanayak

-The Financial Express The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term. A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five...

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'Centralisation, focus on tech undermining MGNREGA'

-The Hindu Business Line Concerns flagged over delay in wages, absence of grievance redressal New Delhi: Citing cases of Aadhaar linkage with wrong accounts, delayed and inadequate wages, especially to thousands of women, preparation of muster rolls in English and centralisation of the programme, workers and organisations from across the country are on dharna in Delhi to reaffirm their “legal entitlements’ under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). “Even based...

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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)

-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...

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