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Middle Earth Moguls -Pragya Singh

o include the middle. Or personify it. We’re talking of the Middleman, the one with a 900 per cent mark-up. That’s a bit simplistic, but see it like this. We could be in a raging hyper-Inflation, with a kilo of onions going for Rs 150, and consumers getting teary-eyed enough to vote out governments. Or we could be in a crisis such as we see now, where farmers across half of India are so desperate that many consider death by pesticide (a

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Is WPI useful in India anymore? -Barendra Kumar Bhoi

easured the weekly rhythm of price movement in the country. Since 2009, WPI has been computed on a monthly basis, similar to other price indices. The Reserve Bank of India (RBI) primarily used WPI Inflation for the formulation of monetary policy under monetary targeting framework as well as under multiple indicator approach (MIA)— although Inflation measured by other indices was also monitored/ ana

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Delayed impact

ich retained real gross value added, or GVA, growth at 7 per cent for FY17), agricultural output (which showed a sharp increase), quick estimates of the IIP (which showed a turnaround in January) and Inflation indices flagged no untoward trends. However, recent data suggest that the celebration may have come a tad too early. Data releases since late May have been suggesting that demonetisation may have had insidious second-order impacts which are yet

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GST Is Proving to Be a Procedural Nightmare for Small Service Providers and Traders -MK Venu

ractitioners alike. Foreign and domestic investors are already suggesting that the design of the GST, such as it is, will produce sub par outcomes in terms of driving higher growth or achieving lower Inflation. However, in the short to medium term, it is the sheer complexity of procedures which might make the GST a huge nightmare for millions of small service providers and traders who are already out on the streets protesting in different parts of

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Instead of farm loan waivers, invest more in agricultural infrastructure -Himanshu

the rural economy, which was already experiencing shrinking incomes. While this was largely led by a drop in prices of most cash crops, including horticultural products, even for foodgrains the price Inflation was minimal. Not only was the growth of minimum support price (MSP) minimal, the central government refused to pay the usual bonus that the farmers were given. For crops such as pulses, the MSP announced was much lower than promised; even at

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Why are Madhya Pradesh farmers protesting despite record growth? -Dipti Jain

farm earnings rising at an annual pace of 15% between 2002-03 and 2012-13 to Rs4,016 as per data from National Sample Survey Office’s (NSSO) survey of farm households for the respective years. Inflation rose at an annual pace of nearly 8%, and hence real earnings grew at roughly half the pace at which nominal earnings grew. Over the same period, farm earnings of the average Indian farm household rose at an annual pace of 12.3% to Rs3,081. Th

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The loan-waiver mountain -Jayanta Roy Chowdhury

ck up the tab: it wants the states to pay the bounty out of their own resources. The Reserve Bank has already backed the government's stand, contending that any farm waiver largesse will be hugely Inflationary and restrict the central bank's wiggle room to cut interest rates. But political compulsions have often smothered economic prudence in the past and officials fear they may be forced to "go under the scalpel". "We are not

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Low food Inflation is bad news for farmers -Jitendra

60 per cent between July 2016 and April 2017, further aggravating agrarian crisis Three years after Narendra Modi-led NDA government came to power, India witnesses unprecedented level of low food Inflation. States like Maharashtra and Madhya Pradesh have been witnessing farmers’ unrest for quite some time now. Six farmers were killed in police firing in a protest rally held in Mandsaur district of Madhya Pradesh to demand fair price of their

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UP farm loan write-off sowed seeds of stir?

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 may or may not have been the trigger for protests elsewhere, the fact is that demands for

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Half of all 95s in CBSE English in Delhi's private schools: Data -Ritika Chopra

egion, an analysis of the results by an engineer based in New York has found. While the jury is still out on whether the Central Board of Secondary Education (CBSE) abandoned the practice of grade Inflation this year, one number could tell a part of that story. More than half of all Class XII students in the country who scored (exactly) 95 per cent in English (Core) this year are from private schools in the Delhi region, an analysis of the results

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