-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 Telegraph The pundits have started to crunch numbers to assess the immediate impact of the Narendra Modi government's demonetisation drive on the economy, businesses and households - and the picture doesn't look too good. A consensus has started to emerge that the economy will take a hard knock in the short term with GDP growth likely to contract by 0.7 to 1 percentage point over the next year. The maximum impact...

-The Indian Express Demonetisation politics unfolds as a vast morality play. Its imagination unleashes the state on you, in the name of protecting your own virtue. The so-called demonetisation is a watershed event for India. It signifies the arrival of a new kind of politics that will redefine the relationship between citizen and state. The scale of this event is so unprecedented that we are struggling to see where all the chips...

-Business Standard The All India Motor Transport Congress has said the supply of essential goods will get impacted with immediate effect New Delhi: Government’s suspension of Rs 500 and Rs 1000 denomination notes has hit the truckers hard as they are unable to transport essential food items, including milk and vegetables, due to scarcity of smaller denomination currency and unacceptance of old tender notes by state authorities, toll plazas and labourers. More than...

-HardNewsMedia.com A lack of jobs and an abundant workforce have meant that the agrarian states of India have become tinderboxes waiting to catch fire Statistics released by the National Crime Records Bureau (NCRB)’s annual report, “Crime in India”, reveal that in 2015, the number of ‘agrarian riots’ have increased by a whopping 327 percent. The number of cases of ‘agrarian rioting’ increased from 628 to 2,683 in one year. The bulk of...