-The Hindu Business Line Scars on agriculture supply chain remain a pain point for commodity prices Bengaluru: A year after demonetisation, the cash-intensive agriculture sector is yet to fully recover from the impact. Cash continues to be the preferred instrument for rural and farm transactions, while alternatives such as Cheques and bank transfers are seen making their presence felt in some quarters. The cautious agri-trade is still seen struggling with inventory management, as the...

-TheWire.in The cashless future that demonetisation promised never came, and many in rural Marathwada scoff at the idea. Aurangabad: Ten months after currency notes of Rs 500 and Rs 1,000 were scrapped on November 8 last year, the ghost of demonetisation continues to haunt Deepak Badavne. In early November, Badavne had harvested 31 quintals of cotton from his 2.5 acre farm. He expected good returns on it. “The trader arranged for the truck...

-The Indian Express Demonetisation: On digital transactions, too, RBI data shows that the volume of electronic payments, after peaking in December 2016 at 957.50 million transactions compared with 671.49 million in November, has been on a decline. New Delhi: When it launched the currency withdrawal in November, the NDA government had outlined four key objectives of the demonetisation exercise: detection of black money, elimination of fake currency, squeezing funds available for...

-Hindustan Times In Mandsaur, demonetisation has disrupted every aspect of the rural economy – land markets, credit networks, procurement, and crop prices. Mandsaur (Madhya Pradesh): Traders rued their burnt shops, farmers mourned the death of their sons to police bullets; but as four days of violence drew to a close, both sides could only speak of one thing: demonetisation. “Notebandi destroyed the trust between farmer and trader,” said Sunil Ghatiya, a soybean trader...

-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay Cheques. Around 77 per...