-Scroll.in The liquidity crisis has affected both the trade in food and the planting of the winter crop. As demonetisation enters its second week, traders in Patna’s Maroofganj mandi are seeing something unprecedented. In the last seven days, the supply of new stocks in this WHOlesale market, which supplies cooking oil, spices, rice, wheat and pulses to shopkeepers across Patna, has plummeted. The supply of cooking oil, for instance, is down by 80%. Talk...
More »SEARCH RESULT
Total Matching Records found : 7724
Demonetisation: How the cash crisis can be used to tame rural commercial capital -Pravesh Sharma
-The Indian Express These enterprises — WHOm she broadly categorises as ‘rural commercial capital’ — enjoy privileged access to formal credit networks. In her insightful study of the working of agricultural markets in West Bengal, British development studies scholar Barbara Harris-White has documented in detail how trade in farm produce is controlled through a web of rural and semi-urban agro commercial enterprises. These enterprises — WHOm she broadly categorises as ‘rural commercial capital’...
More »Bank gives UP woman with cancer-stricken son Rs 2000 in Rs 1 coins -Oliver Fredrick and Anupam Srivastava
-Hindustan Times Lucknow: Life has been a story of setbacks for Sarju Devi, a resident of Maurawa road in Mohanlalganj, but she is a fighter. The woman in her late 60s has faced struggle – be it at the time when she lost her husband, or when her young son was diagnosed with last-stage-abdominal cancer. But what happened on Tuesday left her crestfallen. On the day, Sarju couldn’t control her emotions when...
More »The Street Vendor's View -Arbind Singh
-The Indian Express Unorganised sector is worst-affected by demonetisation. Can banks go to them? An incident in 2000, during my initial years of work, woke me up to an uncomfortable question about post-economic liberalisation India. I was at a meeting with waste-pickers at Digha in Patna and a woman told me of her troubles with a Rs 500 note. She had saved money and changed it into a Rs 500 note, wrapped...
More »After distress sale, fish vanish from markets
-The Times of India KOLKATA: If you failed to find your favourite fish in the market on Wednesday, blame it on the confusion over currency demonetization. With money starting to trickle in, the scenario in the market has changed overnight. If the cash crunch led to a drastic fall in price of fish and vegetables in the last few days, perishable items disappeared all of a sudden on Wednesday. A few...
More »
