-TheWire.in As the unorganised sector continues suffering, civil society members, bankers and politicians remain sceptical of demonetisation’s impact on black money. It is no secret that India’s informal sector, a largely cash-based economy, has taken a big hit because of demonetisation. While the government insists that the suffering is only temporary and worth it for cracking down on black money, several representatives from the unorganised sector are presenting a starkly different account...

-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...

-Livemint.com The rich and the middle class have their digital wallets and credit cards; they can afford to wait two weeks, even 50 days, for their money to be exchanged One has to be astonishingly callous or exceptionally removed from reality to think that the Poor are sleeping peacefully and only the rich are frightened, needing sleeping pills in the wake of the great currency-exchange drama playing out in India. For that’s...

-The Hindu To prevent further damage to the economy and to relieve distress, demonetisation should be revoked immediately Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money...

-The Hindu Business Line Scarcity of ?100 notes hits kharif harvesting; decline in demand worsens situation Hyderabad: Ram Singh (name changed), a 45-year-old farmer near Ranjim, a tehsil in Chhattisgarh, stood impatiently in the long queue, waiting for his turn to swap a bunch of old notes for new. “I don’t want the new notes. I’m desperately looking for ?100 notes that I need to pay to the labourers that I have...