-The Hindu Jaitley blames ‘spurt in demand’; Congress recalls note ban Amidst reports of a cash crunch from different parts of the country, Union Finance Minister Arun Jaitley said the government was “tackling the issue quickly” to overcome a “temporary shortage” caused by a sudden spurt in demand. But with hash tags #cashcrunch and #ATM trending on Twitter all day, Opposition leaders launched a scathing attack on the government. Minister’s assurance Responding to the currency...

-The Times of India NEW DELHI: A whole meal for 10 bucks may sound unrealistic in today's world but subsidised food has been a popular poll promise of almost all political parties. Taking a cue from the popularity of "Amma canteens" in Tamil Nadu, civic bodies in the capital, too, rolled out half a dozen "Atal Aahaar Kendra" centres on Monday, former Prime Minister Atal Bihari Vajpayee's birthday, which will dole...

-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...

-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...

-Livemint.com Political analysts feel there is a sense of dissatisfaction in Uttar Pradesh on demonetisation, though the political dominance of the BJP continues Baghpat, Shamli and Sardhana (Uttar Pradesh): Ved Pal, a 35-year-old farmer from the village of Bodda in Baghpat district, thinks demonetisation was the right thing to do even if its immediate aftermath was painful. “Any new work undertaken by any individual or government will always face problems; so demonetisation...