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Demonetization: Pain or gain? -BM Singh

-Livemint.com Mere demonetization would not serve the purpose, it would have to be taken in conjunction with other measures to correct systemic faults and not just destruction of cash Most of the country and even foreigners are going gaga over the move by the government to demonetize high-denomination notes. A presumption has been made that they mostly reflect black money or unaccounted wealth. A bold move indeed and there are many who...

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Demonetisation effect: 2,500 lose jobs as Howrah jute mill shuts -Bibhas Bhattacharyya

-Hindustan Times A jute mill in West Bengal’s Howrah district has temporarily closed down citing its inability to pay workers in the absence of Rs 500 and Rs 1,000 notes that were scrapped by the Narendra Modi government. The notice by the management of Sree Hanuman Jute Mills that threw about 2,500 workers out of jobs was issued around 10pm on Monday, on a day chief minister Mamata Banerjee apprehended a loss...

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How Gujarat's Maldharis Are Asserting Their Rights Over the Banni Grasslands -Gaurav Madan

-TheWire.in To oppose the forest department’s plan to limit open grazing, the pastoral community is formally pursuing their collective land rights through the Forest Rights Act. The sun has not yet decided to rise. It’s pitch black out but a group of Maldharis has already assembled for the last session of this year’s milking competition. Their massive buffalos are majestically adorned with intricate garlands and colourful necklaces. The panch (group of five...

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Why should farmers grow vegetables on polluted Yamuna: NGT

-PTI NEW DELHI: Why should the farmers be allowed to grow vegetables on the land along polluted Yamuna, the National Green Tribunal asked on Tuesday while refusing to permit a farmer to carry out cultivation on his farm along the river. "Why should you (farmer) be allowed to cultivate vegetables on the land along Yamuna? Do you even know how much polluted the river is? It contains heavy metals and other high...

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Rs 500 and Rs 1,000 ban: Narendra Modi govt has created 50-day hawala window for old notes -Narayanan Madhavan

-Firstpost.com Think of it as a 50-over one-day cricket match, with each day equivalent to an over. The  game has just begun. The government of India, popularly known as Modi sarkar, has just created a 50-day hawala window for those with black money – albeit in a loose sense. The term hawala is usually used for illegal trade in foreign exchange going back to the times before 1993 when India had tight...

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