-Oxfam India Blog Hari Bandhu Kanhar (45 years) is a Gond tribal of Jhankarmunda village, district Bolangir, Odisha whose family recently received legal title over his forest land under the Forest Rights Act, 2006. On being asked about the difference of being landless and having a land title, he shared that the biggest difference is that he is not hounded by the fear of being evicted from his land. Narratives such as...
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Notes Ban: In Uttar Pradesh Town, Only One ATM In 53 Is Working -Alok Pandey
-NDTV Mirzapur, Uttar Pradesh: The cash crunch in the aftermath of the government's Ban on Rs. 500 and Rs. 1,000 notes is bad enough in metros with block-long queues. But how bad is it in the small towns of India? Deep in eastern Uttar Pradesh, in Vindhyachal and Mirzapur, NDTV did a reality check. And the results were staggering. The journey started at 9 am, outside the ICICI Bank ATM in the...
More »Plight of the migrants: Jobless labourers return home after demonetisation
-Hindustan Times Plight of the migrants: Jobless labourers return home after demonetisation Twenty-three-year-old Avinash Kumar is planning to postpone his sister’s marriage. The money he had saved, working at a sweatshop in New Delhi’s Mongolpuri, is all but gone. Kumar lost his job in about two weeks from the time Prime Minister Narendra Modi announced a Ban on Rs 500 and Rs 1,000 notes, in a move that he termed as the biggest-ever...
More »Demonetization: Pain or gain? -BM Singh
-Livemint.com Mere demonetization would not serve the purpose, it would have to be taken in conjunction with other measures to correct systemic faults and not just destruction of cash Most of the country and even foreigners are going gaga over the move by the government to demonetize high-denomination notes. A presumption has been made that they mostly reflect black money or unaccounted wealth. A bold move indeed and there are many who...
More »Rs 1 lakh crore: fall in Bank credit growth in fortnight after Nov 8 -George Mathew
-The Indian Express Banks are now caught in a dilemma even as they stare at a decline in loan growth — considering the surge in deposits since November 9. Mumbai: Struggling to cope with bad loans and the aftermath of the demonetisation decision, Indian Banks have taken a hit on lending. Loan growth plunged by Rs 1 lakh crore in the fortnight that ended November 25, according to estimates. According to...
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