-The Hindu Anger and frustration dominate discussions on demonetisation at a jan sunwai in Beawar, Rajasthan About five-six hundred people are crowded in and around a small shamiana-covered triangle, like the apex of the letter A. The two arms of the A are busy streets typical of small-town India, a press of pedestrians and two-wheelers punctuated with foraging cows, goats and impatient cars and tempos. Including the shopkeepers and hangers-on across the...
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Why it's barter or cash in this 'cashless' Ambala village -Vinod Kumar
-The Indian Express Three villages, with a combined population of about 5,000, have only one bank and no ATM. Ambala: Chamanlal, 28, a barber in Bara village, does not have a debit card and has never seen a point-of-sale (PoS) machine. He charges Rs 20 for a haircut and Rs 10 for a shave — all in cash. He is among the few in the village who has a smartphone, but has...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
More »Oil mills in Modi backyard idle minus cash -Basant Rawat
-The Telegraph Ahmedabad: Samir Shah never had such spare time in his life as an oil mill owner. This is, after all, the peak season when mills buy oil seeds that are available after the harvesting of kharif crops. But the Saurashtra Businessman has been sitting idle the past fortnight. There's no cash to do business. The demonetisation drive has left entrepreneurs like him with a shrunken wallet. And farmers don't usually accept...
More »It’s not just farmers, Marathwada businesses too roiled by drought -Abhiram GhadyalPatil
-Livemint.com Automobile, construction industry, steel manufacturing, pharmaceuticals, breweries, and distilleries key sectors in Marathwada. Latur is major centre for production of pulses, oilseeds Latur, Maharashtra: Nilesh Thakkar, managing director of Maharashtra Biofertilizers India Pvt. Ltd (MBF), has virtually turned the Latur headquarters of India’s top organic fertilizer company into a campaign office. This is the office from where he runs Jalyukt Latur, a public campaign to revive the Manjra River nearby. And Thakkar...
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