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Notes Ban: In Uttar Pradesh Town, Only One ATM In 53 Is Working -Alok Pandey

-NDTV Mirzapur, Uttar Pradesh: The cash crunch in the aftermath of the government's ban on Rs. 500 and Rs. 1,000 notes is bad enough in metros with block-long queues. But how bad is it in the Small Towns of India? Deep in eastern Uttar Pradesh, in Vindhyachal and Mirzapur, NDTV did a reality check. And the results were staggering. The journey started at 9 am, outside the ICICI bank ATM in the...

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A tiny town in West Bengal is turning waste into piles of wealth -Snigdhendu Bhattachaya

-Hindustan Times Chinsurah, West Bengal: A 163-year-old municipality administering a small town in West Bengal has shown the world how to manage solid waste in an eco-friendly way, potentially giving urban planners and administrators the key to tackling one of the biggest civic problems. The initiatives of Uttarpara-Kotrung municipality helped the Kolkata Solid Waste Management Improvement Project win a global award, defeating nearest contenders Auckland and Milan in urban solid waste management...

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R Nagaraj, an economist and currently a professor at the Indira Gandhi Institute of Development Research in Mumbai, interviewed by Kedar Nagarajan (Caravan Magazine)

-Caravan Magazine On 8 November 2016, Prime Minister Narendra Modi made an announcement declaring that notes of Rs 500 and Rs 1,000 would not be legal tender as a part of his government’s policy to clamp down on counterfeiting and black money. It has been widely reported that this policy would directly impact the real-estate sector, which typically witnesses a significant amount of transactions that are made through cash to avoid...

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Bengal gold artisans hit -Basant Rawat

-The Telegraph Ahmedabad: Tens of thousands of Bengali artisans employed in Gujarat's jewellery-making units are returning home because demonetisation has reduced sales by more than 90 per cent and left them without work and, therefore, pay. About 60,000 of the one lakh-odd Bengali artisans who work in Ahmedabad's big and small gold factories have already left. The situation is similar in Rajkot, Surat, Vadodara and Small Towns like Kalol and Bhuj, where...

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In the Long Term Indians Might Lose Faith in Cash and Turn Towards Gold -Ravinder Kaur

-TheWire.in The spectacle of ‘fixing’ India’s illegal economy is not only harming common citizens but also turning small investors away from financial markets. Depending on who is talking, the demonetisation of higher value currency notes by Prime Minister Narendra Modi’s government has either been described by commentators as a ‘bold move’, ‘landmark policy’, ‘game-changer’ and even a ‘political masterstroke’ or has been labelled the single most high-risk political gamble undertaken since the...

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