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/-...

-The Times of India NEW DELHI: Tomato and other vegetables prices, including those of onion and potato, have come down after demonetisation. But the National Horticulture Board, which tracks horticultural produce markets across the country , has found that the fall has more to do with transporters' resistance to pick up the produce from farms than to a poor cash flow at the farmers' end. Ground reports, shared with the board, have...

-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...

-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...

-Hindustan Times The government’s decision to scrap high-value currency has sent wholesale vegetable prices crashing to rock-bottom levels, bringing misery to millions of farmers hoping for good returns for their produce after two successive drought years. Onions sold for just Re 1 per kilogram in wholesale markets at Madhya Pradesh’s Neemuch and Mandsaur this week while tomatoes cost less than Rs 2 per kg in Andhra Pradesh and Chandigarh. A kilogram of cauliflower...