-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...
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The Ghost of Demonetisation Still Haunts Marathwada's Farmers -Parth MN
-TheWire.in The cashless future that demonetisation promised never came, and many in rural Marathwada scoff at the idea. Aurangabad: Ten months after currency notes of Rs 500 and Rs 1,000 were scrapped on November 8 last year, the ghost of demonetisation continues to haunt Deepak Badavne. In early November, Badavne had harvested 31 quintals of cotton from his 2.5 acre farm. He expected good returns on it. “The trader arranged for the truck...
More »Notebandi to bazarbandi - India's cattle farmers stare at ruin -Dhrubo Jyoti
-Hindustan Times First came demonetisation. Then, as banknotes slowly returned to circulation, a crackdown on illegal slaughterhouses in the state wrecked the local market for cattle. In Ilyas Khan’s eyes shine the pride of a grand past that give way to the clouds of an uncertain future. Two decades ago, the Thursday cattle market he runs in western Uttar Pradesh’s Banat saw traders troop in from faraway Delhi and Bihar. Today, the...
More »Why didn't Madhya Pradesh farmers gain from farm growth? -Abhiram Ghadyalpatil
-Livemint.com Madhya Pradesh farmers are unhappy that outsiders are misled by claims made by chief minister Shivraj Singh Chouhan Indore, Harda, Mandsaur (MP): Ghanshyam Singh Pipawat, 45, a farmer from the Ujjain district of Madhya Pradesh, has a question for Prime Minister Narendra Modi. “When Modi declared Notebandi, he said this would be the last time people will have to stand in line. Then why am I standing in a 2-km-long line to...
More »Mandsaur agitation: How demonetisation brought MP farmers onto streets -Aman Sethi and Punya Priya Mitra
-Hindustan Times In Mandsaur, demonetisation has disrupted every aspect of the rural economy – land markets, credit networks, procurement, and crop prices. Mandsaur (Madhya Pradesh): Traders rued their burnt shops, farmers mourned the death of their sons to police bullets; but as four days of violence drew to a close, both sides could only speak of one thing: demonetisation. “Notebandi destroyed the trust between farmer and trader,” said Sunil Ghatiya, a soybean trader...
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