-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...

-The Hindu In its first reaction, State govt. says disbursement of crop loans severely hit Chennai: Reacting to the demonetisation-triggered crisis for the first time, the Tamil Nadu government on Wednesday said that disbursement of crop loans to farmers through primary agricultural co-operative credit societies has been affected and it would severely affect food production in the State. The government was “unable” to give new loans to farmers for samba cultivation which accounts...

-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...

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

-The Hindu Centre for Politics and Public Policy The government’s high profile war on black money has generated mixed responses. However, both supporters and opponents of the 2016 demonetisation agree that the move has caused immense hardship to people, especially those outside the banking system and without alternative means to access goods and services in a largely cash economy. Jayati Ghosh, Professor of Economics, Jawaharlal Nehru University, discusses the conceptual, practical,...