-The Hindu To prevent further damage to the economy and to relieve distress, demonetisation should be revoked immediately Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money...
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Demonetisation Fallout: Cashless Villagers Loot PDS Shop in MP's Chhatarpur Village -Manoj Sharma
-News18.com Bhopal: Cashless villagers in Madhya Pradesh's Bardua village looted a public Distribution system shop (PDS) after its owner refused them to accept the now-defunct Rs 500 and Rs 1,000 currencies for groceries on Friday, sources told CNN-News18. A group of villagers turned up at the shop to buy food grains and an altercation ensued between them and shop owner Munnilal Ahirwar after the later refused to accept the currencies, police said....
More »Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan
-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...
More »Grit and a fistful of infested rice -Swapna Majumdar
-The Hindu Business Line How the women of Deoria challenged the public Distribution system malpractices Women no longer have to return empty-handed from the fair price shops mandated to give rations under the government’s public Distribution system in village Bandgunia in Uttar Pradesh. Not only is the full quota of rice, pulses and sugar given, the shopkeeper in this village in Gauri Bazar block of Deoria district also ensures the women are informed...
More »Extending food security
-The Hindu The Centre’s coercive method has worked. Tamil Nadu and Kerala, the two States that were holding out against pressure from New Delhi to implement the National Food Security Act (NFSA), have also fallen in line. By threatening to raise the price at which it was allocating foodgrains if they did not implement the law, the Centre has managed to get these two States to agree to the implementation of the Act...
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