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: 150
 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::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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: 151
 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::index() - APP/Controller/ArtileDetailController.php, line 151
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 97
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')) {

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        LATEST NEWS UPDATES | Handlooms fall silent in Varanasi, $1 trillion hidden economy stalled    </title>
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-Bloomberg

At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. 

Varanasi: In Prime Minister Narendra Modi&rsquo;s political base of Varanasi, Hinduism&rsquo;s holiest city, weaver Zainul Abedin stares at the uneven mud floor of..."/>
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At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. 

Varanasi: In Prime Minister Narendra Modi&rsquo;s political base of Varanasi, Hinduism&rsquo;s holiest city, weaver Zainul Abedin stares at the uneven mud floor of..." />
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    <h1 class="cat-box-title">Handlooms fall silent in Varanasi, $1 trillion hidden economy stalled</h1>
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                            <div align="justify">-Bloomberg<br /><br /><em>At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. <br /><br />Varanasi: </em>In Prime Minister Narendra Modi&rsquo;s political base of Varanasi, Hinduism&rsquo;s holiest city, weaver Zainul Abedin stares at the uneven mud floor of his home. Behind him, more than a dozen handlooms lie idle. Abedin is part of the collateral damage of Modi&rsquo;s Nov. 8 decision to ban high-value currency notes, effectively cancelling 86 percent of cash in circulation. The move was designed to stifle corruption and tax evasion, but many of the hardest-hit are workers in India&rsquo;s vast and intricate informal economy &mdash; the small businesses, shops, drivers and countless other basic industries and services that employ more than 90 percent of Indian workers.<br /><br />Most are poor like Abedin, who earns Rs 250 a day, but collectively they account for almost half the economy. That&rsquo;s some $1 trillion, or more than the GDP of Indonesia. &ldquo;Modi&rsquo;s cash ban has broken our backs,&rdquo; said Abedin, 39, who makes Varanasi&rsquo;s famous silk fabrics, shot with gold and silver, and says he can no longer feed his children. &ldquo;We weavers won&rsquo;t last if this continues for even another month.&rdquo;<br /><br />The cash ban is a massive gamble for Modi, who is trying to persuade ordinary Indians that they will benefit in the long run as rich tax evaders are forced to surrender hidden hordes and pay their fair share toward government spending. Uttar Pradesh &mdash; which houses Varanasi &mdash; will be the acid test to see whether he&rsquo;s succeeding. The nation&rsquo;s most-populous state is ground zero for India&rsquo;s shadow economy, with the largest share of the nation&rsquo;s estimated 60 million non-farm, unincorporated enterprises according to the latest government data.<br /><br />Please <a href="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/" title="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/" class="re" target="_blank">The Indian Express, 20 December, 2016, http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/</a><div class="clear"></div>
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                            <div align="justify">-Bloomberg<br /><br /><em>At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. <br /><br />Varanasi: </em>In Prime Minister Narendra Modi&rsquo;s political base of Varanasi, Hinduism&rsquo;s holiest city, weaver Zainul Abedin stares at the uneven mud floor of his home. Behind him, more than a dozen handlooms lie idle. Abedin is part of the collateral damage of Modi&rsquo;s Nov. 8 decision to ban high-value currency notes, effectively cancelling 86 percent of cash in circulation. The move was designed to stifle corruption and tax evasion, but many of the hardest-hit are workers in India&rsquo;s vast and intricate informal economy &mdash; the small businesses, shops, drivers and countless other basic industries and services that employ more than 90 percent of Indian workers.<br /><br />Most are poor like Abedin, who earns Rs 250 a day, but collectively they account for almost half the economy. That&rsquo;s some $1 trillion, or more than the GDP of Indonesia. &ldquo;Modi&rsquo;s cash ban has broken our backs,&rdquo; said Abedin, 39, who makes Varanasi&rsquo;s famous silk fabrics, shot with gold and silver, and says he can no longer feed his children. &ldquo;We weavers won&rsquo;t last if this continues for even another month.&rdquo;<br /><br />The cash ban is a massive gamble for Modi, who is trying to persuade ordinary Indians that they will benefit in the long run as rich tax evaders are forced to surrender hidden hordes and pay their fair share toward government spending. Uttar Pradesh &mdash; which houses Varanasi &mdash; will be the acid test to see whether he&rsquo;s succeeding. The nation&rsquo;s most-populous state is ground zero for India&rsquo;s shadow economy, with the largest share of the nation&rsquo;s estimated 60 million non-farm, unincorporated enterprises according to the latest government data.<br /><br />Please <a href="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/" title="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/" class="re" target="_blank">The Indian Express, 20 December, 2016, http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/</a><div class="clear"></div>
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At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. 

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-Bloomberg

At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. 

Varanasi: In Prime Minister Narendra Modi&rsquo;s political base of Varanasi, Hinduism&rsquo;s holiest city, weaver Zainul Abedin stares at the uneven mud floor of..." />
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    <h1 class="cat-box-title">Handlooms fall silent in Varanasi, $1 trillion hidden economy stalled</h1>
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                            <div align="justify">-Bloomberg<br /><br /><em>At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. <br /><br />Varanasi: </em>In Prime Minister Narendra Modi&rsquo;s political base of Varanasi, Hinduism&rsquo;s holiest city, weaver Zainul Abedin stares at the uneven mud floor of his home. Behind him, more than a dozen handlooms lie idle. Abedin is part of the collateral damage of Modi&rsquo;s Nov. 8 decision to ban high-value currency notes, effectively cancelling 86 percent of cash in circulation. The move was designed to stifle corruption and tax evasion, but many of the hardest-hit are workers in India&rsquo;s vast and intricate informal economy &mdash; the small businesses, shops, drivers and countless other basic industries and services that employ more than 90 percent of Indian workers.<br /><br />Most are poor like Abedin, who earns Rs 250 a day, but collectively they account for almost half the economy. That&rsquo;s some $1 trillion, or more than the GDP of Indonesia. &ldquo;Modi&rsquo;s cash ban has broken our backs,&rdquo; said Abedin, 39, who makes Varanasi&rsquo;s famous silk fabrics, shot with gold and silver, and says he can no longer feed his children. &ldquo;We weavers won&rsquo;t last if this continues for even another month.&rdquo;<br /><br />The cash ban is a massive gamble for Modi, who is trying to persuade ordinary Indians that they will benefit in the long run as rich tax evaders are forced to surrender hidden hordes and pay their fair share toward government spending. Uttar Pradesh &mdash; which houses Varanasi &mdash; will be the acid test to see whether he&rsquo;s succeeding. The nation&rsquo;s most-populous state is ground zero for India&rsquo;s shadow economy, with the largest share of the nation&rsquo;s estimated 60 million non-farm, unincorporated enterprises according to the latest government data.<br /><br />Please <a href="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/" title="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/" class="re" target="_blank">The Indian Express, 20 December, 2016, http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/</a><div class="clear"></div>
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Handlooms fall silent in Varanasi, $1 trillion hidden economy stalled

Published on Dec 20, 2016   Modified on Dec 20, 2016

-Bloomberg At the heart of the problem is the way informal businesses like the Varanasi weavers make payments. Varanasi: In Prime Minister Narendra Modi’s political base of Varanasi, Hinduism’s holiest city, weaver Zainul Abedin stares at the uneven mud floor of his home. Behind him, more than a dozen handlooms lie idle. Abedin is part of the collateral damage of Modi’s Nov. 8 decision to ban high-value currency notes, effectively cancelling 86 percent of cash in circulation. The move was designed to stifle corruption and tax evasion, but many of the hardest-hit are workers in India’s vast and intricate informal economy — the small businesses, shops, drivers and countless other basic industries and services that employ more than 90 percent of Indian workers. Most are poor like Abedin, who earns Rs 250 a day, but collectively they account for almost half the economy. That’s some $1 trillion, or more than the GDP of Indonesia. “Modi’s cash ban has broken our backs,” said Abedin, 39, who makes Varanasi’s famous silk fabrics, shot with gold and silver, and says he can no longer feed his children. “We weavers won’t last if this continues for even another month.” The cash ban is a massive gamble for Modi, who is trying to persuade ordinary Indians that they will benefit in the long run as rich tax evaders are forced to surrender hidden hordes and pay their fair share toward government spending. Uttar Pradesh — which houses Varanasi — will be the acid test to see whether he’s succeeding. The nation’s most-populous state is ground zero for India’s shadow economy, with the largest share of the nation’s estimated 60 million non-farm, unincorporated enterprises according to the latest government data. Please click here to read more.

The Indian Express, 20 December, 2016, http://indianexpress.com/article/india/handlooms-fall-silent-in-varanasi-1-trillion-hidden-economy-stalled-4436437/

Tagged with: Currency demonetisation Handloom Weavers Handloom sector Handloom Industry Livelihood Security cash crunch cash deficit Cash shortage Demonetisation

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