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Price collapse: The MSP mirage -Parthasarathi Biswas

-The Indian Express Modi government’s decision to hike import duty on edible oils has come too little, too late for soyabean farmers Latur: Arun Kulkarni planted soyabean on 10 out of his 14-acre holding in the recent kharif season and harvested 65 quintals of the crop towards September-end. But unlike most of his neighbours, this farmer from Tandulja village in Latur — Maharashtra’s largest soyabean-growing district and the country’s No. 2...

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Covered by govt health insurance, still paying hospital bills -GS Mudur

-The Telegraph New Delhi: Most households covered by government-funded health insurance have to use personal funds to pay for hospitalisation, a study has suggested, iterating concerns about the wisdom of deploying public-funded insurance schemes to seek universal health coverage in India. The study, designed to determine how well government-funded health insurance protects households from health expenditure, has found that 66 per cent of such households who sought healthcare in public hospitals and...

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Card transactions soar 84% in September 2017 to Rs 74,090 crore, says report

-PTI The study further said digital payment companies have seen a substantial jump in business following the government's push towards Cashless transactions after the note-ban last November, and the major contributor to this growth was online payments. Mumbai: The debit and credit card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to the same month last year when it stood...

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Demonetisation has hit employment hard -Ajit Karnik

-Livemint.com The recent decline in the labour force participation rate should be a matter of deep concern for the Indian economy It has been a year since Prime Minister Narendra Modi surprised the country with the demonetisation announcement. Numerous commentators had criticized the move at the time for a variety of reasons, the most prominent among these being: (a) demonetisation was the wrong instrument for the intended objective of eliminating black money...

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Cash Crunch: Measuring the impact of notebandi on domestic agricultural markets -Harish Damodaran

-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...

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