-The Hindu The ongoing repercussions of the government’s decision to demonetise high-value currency notes are being felt in particular by cash-intensive sectors such as the microfinance industry, according to microfinance company Satin Creditcare. “It’s been a pretty tough time (post demonetisation),” H.P. Singh, chairman and managing director of Satin Creditcare, said in an interview. “The cash supply position has been very bad in the northern states of Uttar Pradesh, Punjab… in both...
More »SEARCH RESULT
Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf
-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
More »Right to Food activists demand for safeguards to reduce hardships of demonetisation
A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...
More »Distress among Paddy Farmers in a Village of Azamgarh (Uttar Pradesh): Pre & Post Demonetisation -Santosh Verma
-Vikalp The paddy cropping and harvesting season has been concluded and the Rabi crops (mainly wheat) is seeded into the vast agricultural plains of Eastern Uttar Pradesh. The region is known to be highly dependent upon agriculture for livelihood and food security, but it is also known as one of the economically backward-regions of the country. The persistent negligence by the government to develop a mechanised crop procurement system (through Food...
More »With Reduced Access to Healthcare, Demonetisation Deaths Are Likely Far Higher Than Reported -Bharat Dogra
-TheWire.in According to doctors working in hospitals providing low-cost treatment, the number of patients has reduced by about 30% since demonetisation. The recent debate on demonetisation-related deaths has taken place mainly in the context of people who died while waiting in bank queues or collapsed while standing in these queues and died soon after. In addition, there are those whose sudden death is being attributed to stress from not finding valid currency...
More »