-The Times of India KOLKATA: If you failed to find your favourite fish in the market on Wednesday, blame it on the confusion over currency demonetization. With money starting to trickle in, the scenario in the market has changed overnight. If the cash crunch led to a drastic fall in price of fish and vegetables in the last few days, perishable items disappeared all of a sudden on Wednesday. A few...
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The Street Vendor's View -Arbind Singh
-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...
More »In hunt for big sharks, livelihood of the poor becomes small change
-The Hindu With little cash in hand, small traders and shopkeepers are unable to keep their businesses running Surendar’s move from Bihar to Perambalur in the heart of Tamil Nadu in search of a livelihood has turned sour over the past few days. A school dropout, Surendar, who made a living selling pani-poori from a cart in this town, has seen his business plummet since the November 8 demonetisation announcement. “Everyone brings...
More »Abhijit Sen, economist and former chairman of the Commission for Agricultural Costs and Prices, interviewed by Lola Nayar
-Outlook Economist Abhijit Sen on how Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Former chairman of the Commission for Agricultural Costs and Prices, economist Abhijit Sen, in an interview with Lola Nayar, explains that Prime Minister Narendra Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Sen expects a tax amnesty scheme...
More »Delhi poultry traders brace for bird flu hit, say mutton prices may go up -Sweta Goswami
-Hindustan Times New Delhi: The poultry market in Delhi is bracing for major losses as demand for chicken has begun to fall after the government on Wednesday confirmed bird flu cases in the capital. As a consequence, mutton prices may spike. For poultry suppliers, the timing of the outbreak couldn’t have been worse as their sales had just started picking up after the lull during the Shravan period in July-August. “As soon as...
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