-TheWire.in As the unorganised sector continues suffering, civil society members, bankers and politicians remain sceptical of demonetisation’s impact on black money. It is no secret that India’s informal sector, a largely cash-based economy, has taken a big hit because of demonetisation. While the government insists that the suffering is only temporary and worth it for cracking down on black money, several representatives from the unorganised sector are presenting a starkly different account...

-The Indian Express Unorganised sector is worst-affected by demonetisation. Can banks go to them? An incident in 2000, during my initial years of work, woke me up to an uncomfortable question about post-economic liberalisation India. I was at a meeting with waste-pickers at Digha in Patna and a woman told me of her troubles with a Rs 500 note. She had saved money and changed it into a Rs 500 note, wrapped...

-The Indian Express The effects of de-monetisation will be the most acute when it spreads from consumption in households to production in factories and by farmers across the country. So far, the effects of Prime Minister Narendra Modi’s ‘de-monetisation’ of existing Rs 500 and Rs 1,000 denomination currency notes have been largely felt by households, shopkeepers and other microenterprises. These economic agents have, to a limited extent, adjusted to the new situation...

-PTI Job creation in India successively slowing down; employment might shrink 7 million by 2050 As many as 550 jobs have disappeared every day in last four years and if this trend continues, employment would shrink by 7 million by 2050 in the country, a study has claimed. Farmers, petty retail Vendors, contract labourers and construction workers are the most vulnerable sections facing never before livelihood threats in India today, the study by...

-The Hindu If the data on juvenile crime are anything to go by, the annual reports of the National Crime Records Bureau cannot be taken at face value. The National Crime Records Bureau’s (NCRB) annual round-up of crime statistics has in recent years been the subject of extensive media coverage. The parsing of the official data, however, tends to be a superficial exercise, focussing on the big numbers instead of the minutiae. Numbers...