-The Hindu With grocers and cold storage owners refusing to accept scrapped currency notes, farmers are struggling to get potato seeds while landless labourers are forced to forgo their food. Chitra Bag and her family of six are eating less these days. They make do with one meal instead of the usual three meals, despite a gruelling 8-10 hours of work daily as landless farm labourers. Even though vegetables, grown around their...
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Unable to enter banks for seven days, scrap dealer commits suicide in Delhi
-Hindustan Times New Delhi: When seven days of standing in long queues outside banks yielded no results, a 35-year-old scrap dealer allegedly committed suicide by hanging from a ceiling fan at his house in northeast Delhi’s Mustafabad on Thursday night. Mohammed Shakeel was reportedly frustrated because he couldn’t exchange old notes worth Rs 5,000. He had to pay instalments of two loans as well. Shakeel’s family said he went to banks early morning,...
More »Cash drought shadow: Distress sale of paddy -Hemant Kumar Rout
-The New Indian Express BHUBANESWAR: Gopal Krushna Panda was happy to hear the announcement on demonetisation of higher currency notes with a hope that the black Money will be wiped out. But his happiness was short-lived as the currency crisis gripped the nation. A native of Gopalpur village in Balasore district, Panda requires at least Rs 40,000 to harvest paddy from his 10 acres of agricultural field. While the paddy has already...
More »Age Debate: The tax of all taxes
-The Asian Age Replacing income-tax with a banking transaction tax is an unworkable idea. The poor will end up paying a lot more: Subhanil Chowdhury The idea that all taxes in India should be abolished, except import duty, and replaced by a bank transaction tax (BTT) is a deeply flawed one for a number of reasons. First, there are only few countries in the world that do not have income-tax — oil rich...
More »How farmers in Bundelkhand perceive demonetisation -Sayantan Bera
-Livemint.com Several Bundelkhand farmers contend that demonetisation is a direct attack on the class divide and has reduced the rising gap between the rich and the poor New Delhi: In April this year, before the monsoon set in on parched Bundelkhand, Ajay Tripathi was witness to countless cattle deaths and fellow villagers migrating in hordes to escape the aftermath of consecutive years of drought. For the young farmer from Uttar Pradesh’s Mahoba...
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