-TheWire.in People have lost their jobs, small businesses are closing down and the agricultural sector has been hit hard as a result of demonetisation. The RBI must increase the supply of cash to curb further fallout. Money is not cash. In fact, cash in circulation was just 14% of all money in 2015-16 according to the Reserve Bank of India (RBI). Measures of money also count close substitutes of cash including the...
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Farmer suicides up 42% between 2014 & 2015 -Priyanka Kakodkar
-The Times of India MUMBAI: Farmer suicides in the country rose by 42% between 2014 and 2015, according to newly released data from the National Crime Records Bureau (NCRB). It recorded 5,650 suicides by farmers and cultivators in 2014. The figure rose to 8,007 in the latest data. Several states across the country battled severe drought in both 2014 and 2015. Some, including Maharashtra, experienced two successive years of drought. With 3,030 cases,...
More »Note recall most hurtful: Farmers
-The Telegraph New Delhi: A nationwide network of farmers today dubbed the demonetisation exercise "the most hurtful scheme since independence" and claimed that Prime Minister Narendra Modi's pledges for the agriculture sector announced on December 31 were "a rehash of what already exists". The network of farmers' associations and representatives from across the country said in a letter sent to the Prime Minister that the demonetisation move had shown a "dismaying disregard"...
More »Notebandi takes the sauce out of Nashik's tomatoes -Aniket Aga & Chitrangada Choudhury
-RuralIndiaOnline.org Farmers in Maharashtra’s Nashik district – where one in every four tomatoes in India comes from – are destroying standing crops on a scale never seen before, following persistent rock-bottom prices since the November 8 demonetisation On Christmas morning, barely 24 hours after Prime Minister Narendra Modi laid the foundation of the Rs. 3,600 crore Shivaji statue in Mumbai, Yashwant and Hirabai Bendkule were slashing and uprooting the tomato vines on...
More »Suicide by farmers rose 42% between 2014 and 2015 -Sayantan Bera
-Livemint.com Of the total 12,602 farm sector suicides in 2015, 8,007 were farmers while 4,595 were agricultural labourers New Delhi: A widespread drought and rising indebtedness led to 12,602 suicides by farmers and agricultural labourers in 2015, shows data released by the National Crime Records Bureau. According to the report ‘Accidental deaths and suicides in India 2015’, the total number of suicides in the farming sector is 2% higher than the 12,360 recorded...
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