-The Hindu 'The buyers are tendering Rs. 1,000 notes, which is difficult for us to accept' North 24 Parganas: By about 4 a.m. all shops &NDAsh; about 170 &NDAsh; were open on both sides of an unkempt asphalt road. The shops that were selling fish at a wholesale rate were chock-a-block by 5 a.m.. But many of them were not engaging with the trading. They were small rural fish farmers and sellers, big...
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Motive behind demonetisation is justifiable but there may be collateral damage
There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded. Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...
More »Replacing anganwadis with food sachets will only set India?s nutrition schemes back -Dipa Sinha
-Scroll.in The government is likely to announce a new nutrition mission with a bigger role for private companies. The Government of India is expected to announce a National Nutrition Mission in December this year. Some glimpses of what this mission will include were revealed in a recent news item in the Economic Times. The focus seems to be on centralising production of take home rations given to young children and pregnant or...
More »In the Long Term Indians Might Lose Faith in Cash and Turn Towards Gold -Ravinder Kaur
-TheWire.in The spectacle of ‘fixing’ India’s illegal economy is not only harming common citizens but also turning small investors away from financial markets. Depending on who is talking, the demonetisation of higher value currency notes by Prime Minister Narendra Modi’s government has either been described by commentators as a ‘bold move’, ‘landmark policy’, ‘game-changer’ and even a ‘political masterstroke’ or has been labelled the single most high-risk political gamble undertaken since the...
More »Note demonetisation: What of the women who hide cash to feed their children or to escape abuse? -Nishita Jha
-Scroll.in A large section of women in India are out of the banking system, and the currency withdrawal has hit them hard. The helpline rang all day at the women’s crisis centre in Bhopal, Madhya Pradesh, on Wednesday. Counsellors took calls from women wondering what to do with their hard-earned savings after Prime Minister NareNDA Modi in a surprise television address to the nation the night before had announced the demonetisation of...
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