Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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</span></span></code>
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</span></span></code></pre><pre id="cakeErr67f98676d0fce-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
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-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;
&lt;br /&gt;
Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;
&lt;br /&gt;
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;
&lt;br /&gt;
The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &amp;mdash; yarn, colour, lotion, etc. &amp;mdash; has soared. The entire production cycle has been badly hit.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;
&lt;br /&gt;
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;
&lt;br /&gt;
Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Hindu, 11 January, 2017, http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&#039;,
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-The Hindu

The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;&lt;br /&gt;Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;&lt;br /&gt;Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;&lt;br /&gt;The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &amp;mdash; yarn, colour, lotion, etc. &amp;mdash; has soared. The entire production cycle has been badly hit.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;&lt;br /&gt;From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;&lt;br /&gt;Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.&lt;br /&gt;&lt;br /&gt;Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &amp;ldquo;batta&amp;rdquo; market, and get them exchanged for cash, for a commission.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot; title=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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&lt;br /&gt;
&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;
&lt;br /&gt;
Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;
&lt;br /&gt;
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;
&lt;br /&gt;
The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &amp;mdash; yarn, colour, lotion, etc. &amp;mdash; has soared. The entire production cycle has been badly hit.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;
&lt;br /&gt;
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;
&lt;br /&gt;
Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.&lt;br /&gt;
&lt;br /&gt;
Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &amp;ldquo;batta&amp;rdquo; market, and get them exchanged for cash, for a commission.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu, 11 January, 2017, http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&#039;,
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-The Hindu

The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...&#039;
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-The Hindu

The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as..."/>
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                <strong>Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid</strong></h1>
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                <div align="justify">-The Hindu<br /><br /><em>The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up<br /><br />Varanasi: </em>For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.<br /><br />Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.<br /><br />The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &mdash; yarn, colour, lotion, etc. &mdash; has soared. The entire production cycle has been badly hit.<br /><br />&ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &ldquo;batta&rdquo; system after the demonetisation.<br /><br />From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.<br /><br />Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.<br /><br />Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &ldquo;batta&rdquo; market, and get them exchanged for cash, for a commission.<br /><br />Please <a href="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece" title="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece">click here</a> to read more. <br /></div>               </font>
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-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;
&lt;br /&gt;
Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;
&lt;br /&gt;
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;
&lt;br /&gt;
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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		&#039;credit_writer&#039; =&gt; &#039;The Hindu, 11 January, 2017, http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&#039;,
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-The Hindu

The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...&#039;,
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&lt;br /&gt;
&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;
&lt;br /&gt;
Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;
&lt;br /&gt;
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;
&lt;br /&gt;
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;
&lt;br /&gt;
Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu, 11 January, 2017, http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&#039;,
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-The Hindu

The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...&#039;
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-The Hindu

The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as..."/>
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                <strong>Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid</strong></h1>
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                <div align="justify">-The Hindu<br /><br /><em>The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up<br /><br />Varanasi: </em>For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.<br /><br />Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.<br /><br />The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &mdash; yarn, colour, lotion, etc. &mdash; has soared. The entire production cycle has been badly hit.<br /><br />&ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &ldquo;batta&rdquo; system after the demonetisation.<br /><br />From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.<br /><br />Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.<br /><br />Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &ldquo;batta&rdquo; market, and get them exchanged for cash, for a commission.<br /><br />Please <a href="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece" title="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece">click here</a> to read more. <br /></div>               </font>
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-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;
&lt;br /&gt;
Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;
&lt;br /&gt;
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;
&lt;br /&gt;
The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &amp;mdash; yarn, colour, lotion, etc. &amp;mdash; has soared. The entire production cycle has been badly hit.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;
&lt;br /&gt;
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;
&lt;br /&gt;
Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.&lt;br /&gt;
&lt;br /&gt;
Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &amp;ldquo;batta&amp;rdquo; market, and get them exchanged for cash, for a commission.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-The Hindu

The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;&lt;br /&gt;Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;&lt;br /&gt;Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;&lt;br /&gt;The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &amp;mdash; yarn, colour, lotion, etc. &amp;mdash; has soared. The entire production cycle has been badly hit.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;&lt;br /&gt;From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;&lt;br /&gt;Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.&lt;br /&gt;&lt;br /&gt;Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &amp;ldquo;batta&amp;rdquo; market, and get them exchanged for cash, for a commission.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot; title=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up&lt;br /&gt;
&lt;br /&gt;
Varanasi: &lt;/em&gt;For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.&lt;br /&gt;
&lt;br /&gt;
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.&lt;br /&gt;
&lt;br /&gt;
The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &amp;mdash; yarn, colour, lotion, etc. &amp;mdash; has soared. The entire production cycle has been badly hit.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&amp;rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &amp;ldquo;batta&amp;rdquo; system after the demonetisation.&lt;br /&gt;
&lt;br /&gt;
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &amp;mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.&lt;br /&gt;
&lt;br /&gt;
Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.&lt;br /&gt;
&lt;br /&gt;
Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &amp;ldquo;batta&amp;rdquo; market, and get them exchanged for cash, for a commission.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-The Hindu

The &amp;lsquo;batta&amp;rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...&#039;
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-The Hindu

The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as..."/>
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                <strong>Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid</strong></h1>
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                <div align="justify">-The Hindu<br /><br /><em>The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up<br /><br />Varanasi: </em>For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.<br /><br />Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.<br /><br />The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &mdash; yarn, colour, lotion, etc. &mdash; has soared. The entire production cycle has been badly hit.<br /><br />&ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &ldquo;batta&rdquo; system after the demonetisation.<br /><br />From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.<br /><br />Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.<br /><br />Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &ldquo;batta&rdquo; market, and get them exchanged for cash, for a commission.<br /><br />Please <a href="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece" title="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece">click here</a> to read more. <br /></div>               </font>
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-The Hindu<br />
<br />
<em>The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up<br />
<br />
Varanasi: </em>For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.<br />
<br />
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.<br />
<br />
The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &mdash; yarn, colour, lotion, etc. &mdash; has soared. The entire production cycle has been badly hit.<br />
<br />
&ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &ldquo;batta&rdquo; system after the demonetisation.<br />
<br />
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.<br />
<br />
Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.<br />
<br />
Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &ldquo;batta&rdquo; market, and get them exchanged for cash, for a commission.<br />
<br />
Please <a href="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece">click here</a> to read more. <br />
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The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...',
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-The Hindu<br />
<br />
<em>The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up<br />
<br />
Varanasi: </em>For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.<br />
<br />
Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.<br />
<br />
The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &mdash; yarn, colour, lotion, etc. &mdash; has soared. The entire production cycle has been badly hit.<br />
<br />
&ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &ldquo;batta&rdquo; system after the demonetisation.<br />
<br />
From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.<br />
<br />
Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.<br />
<br />
Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &ldquo;batta&rdquo; market, and get them exchanged for cash, for a commission.<br />
<br />
Please <a href="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece">click here</a> to read more. <br />
</div>',
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$metaTitle = 'LATEST NEWS UPDATES | Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid'
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-The Hindu

The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up

Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as...'
$disp = '<div align="justify">-The Hindu<br /><br /><em>The &lsquo;batta&rsquo; system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up<br /><br />Varanasi: </em>For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow.<br /><br />Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses.<br /><br />The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material &mdash; yarn, colour, lotion, etc. &mdash; has soared. The entire production cycle has been badly hit.<br /><br />&ldquo;What will my family eat if I use up the little cash I have managed to get to purchase raw materials,&rdquo; asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local &ldquo;batta&rdquo; system after the demonetisation.<br /><br />From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit &mdash; a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow.<br /><br />Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material.<br /><br />Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the &ldquo;batta&rdquo; market, and get them exchanged for cash, for a commission.<br /><br />Please <a href="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece" title="http://www.thehindu.com/news/national/other-states/Banarasi-sari-industry-in-trouble-as-traditional-credit-vanishes-after-note-ban/article17024058.ece">click here</a> to read more. <br /></div>'
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Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid

-The Hindu The ‘batta’ system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow. Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from paying weavers and producers for saris in cash. They are struggling to meet their own expenses. The weavers and small producers, starved of cash, struggle to purchase raw material or pay labourers, many of whom have taken to other jobs like driving battery-powered rickshaws. Cost of raw material — yarn, colour, lotion, etc. — has soared. The entire production cycle has been badly hit. “What will my family eat if I use up the little cash I have managed to get to purchase raw materials,” asks weaver Akhlaq Ahmed, 48, who has three daughters. Mr. Ahmed has stopped production even as he struggles to recover dues. A friendly trader offered him some advance money. But most are not so lucky. As they struggle to make ends meet, the prospects of weavers are further hit by the paralysis of the local “batta” system after the demonetisation. From production (weavers and small time producers) to marketing (traders in Varanasi and wholesalers from metro cities), the trademark Banarasi sari industry primarily works on credit — a complex and age-old system of rolling credit relying on post-dated bearer cheques exchanged against cash. This ensures cash flow. Business in the market is much above capital available always and traders pay weavers and producers by bearer cheques, which act as credit. The traders may themselves be awaiting payments for sales. The weaver uses the cheques, each less than Rs. 20,000, in one of three ways. With good financial standing, he may wait to encash it after it matures. Second, he may forward the bearer cheques, which usually have random names, to suppliers of raw material. Third, if the weaver is short on capital, has to pay unbanked labourers and meet daily expenses, he cannot wait for the cheques to mature. He may set aside a part or take all cheques to the “batta” market, and get them exchanged for cash, for a commission. Please click here to read more.