-The Telegraph New Delhi: About 57.57 per cent of India's urban population of 300 million has no source of income, socio-economic data released by the government last week suggests, prompting at least one analyst to wonder if this was the reason people were willing to queue up for the whole day to exchange Cash. Thirty-seven per cent are engaged in work ranging from begging to government jobs, earning some income. About 5.90...

-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of Cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have Cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...

-The Hindu Business Line Bengaluru/ Ahmedabad: Though acreage under the main rabi (winter) crops, such as wheat, gram and mustard continued to rise, overall sowing for the season across the country has turned sluggish as Cash-strapped farmers have slowed down planting. According to preliminary data released by the Agriculture Ministry, acreage under rabi crops till November 18 stood lower, at 241.73 lakh hectares, compared to 243.38 lakh ha in the corresponding period...

-NDTV New Delhi/ Jhansi: It is 8 in the morning and for 60-year-old mason Amir Khan, a migrant from Uttar Pradesh's drought-hit Bundelkhand region, it looks like the day will involve yet another futile wait for work on a South Delhi road - the third such day in succession. Mr Khan is one among thousands from Bundelkhand who work as daily wagers in bigger cities each year, sending back money to help...

-Ideas for India In an earlier article, Pronab Sen, Country Director, IGC India Central, examined some of the economic consequences of the recent demonetisation of Rs. 1,000 and 500 notes in India, and concluded that the potential damage could be substantial, both in terms of growth and equity. In this article, focussing on solutions, he contends that the government now needs to realise that credit for production purposes is at least as,...