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The silent suffering of Bharat -Milind Murugkar

-Livemint.com The impact of demonetisation on the organized sector creates a visible effect. The suffering of Bharat is diffused, invisible, but hugely more painful ‘Why doesn’t the informal sector, supposedly badly hit by demonetisation, protest or scream in pain?’. Defenders of demonetisation often pose this question. The question assumes that the suffering poor people face because of government policies always finds political expression. If you want an answer to the question, please...

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Right to Food activists demand for safeguards to reduce hardships of demonetisation

A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...

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Farmers forced to dump their produce as note ban turns bumper crop worthless - Srinivasa Rao Apparasu, Brajendra K Parashar, Punya Priya Mitra & Manoj Ahuja

-Hindustan Times Farmers across India are battling a steep fall in wholesale vegetable prices and are forced to discard their produce as a nationwide cash crunch following the scrapping of high-value banknotes hurts demand. The crash in wholesale prices comes at a bad time for farmers, who reaped a bumper crop and were hoping for good returns to make up for losses induced by two straight drought years. Please click here to read...

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Cash crunch proves a hot potato for these farmers -Vikas Vasudeva

-The Hindu Cultivators in Punjab and Haryana head for another period of distress, thanks to demonetisation Demonetisation of Rs. 500 and Rs. 1,000 notes has badly hit potato growers in Punjab and Haryana where farmers are heading for yet another period of distress as they are finding it difficult to recover even the cost of produce, let alone make profits. In Jalandhar’s vegetable market, the fresh-crop potato fetched as low as Rs. 100...

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Narendra Modi's crop insurance scheme has few takers -Sayantan Bera

-Livemint.com Only 23.6% of farmers enrolled for the scheme in 2016, against 22.2% in 2015 New Delhi: Despite setting an ambitious target to cover half of all farmers under crop insurance, the first season rollout of the Pradhan Mantri Fasal Bima Yojana (PMFBY) has been tepid. According to the agriculture ministry, during the kharif 2016 season beginning June this year, 32.6 million farmers enrolled under PMFBY. While that is a 6.3% rise in...

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