-The Indian Express Say digital wallets have helped but can’t replace cash. - Shakuntala Vani (51) from Kandivli may not possibly have any black money. She sells vegetables for a living. Having managed somehow since the government demonetised currency notes of Rs 500 and Rs 1000 denominations on November 8, says Shakuntala, her family is now on the brink of starvation. – Chote Lal (55) from Thakur village never used digital wallets in...
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Distract from Ineffectual Governance, Say Civil Society Members -Nehmat Kaur
-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...
More »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 »Farmers in parched India village use crowdfunding to build canal -Saritha Rai
-Bloomberg When farmers in the scorched village of Horti in Western India were struggling to raise money for a canal, they turned to an unlikely source: a crowdfunding website called FuelADream. The farmers had never heard of crowdfunding before, but a local non-profit group suggested the site and helped them write a proposal that explained how a canal would help feed local families. Within weeks, they had raised Rs 300,000 ($4,490) from...
More »Lack of energy access affecting women’s prosperity in India -Aruna Kumarankandath
-Down to Earth A recent report shows how energy requirement of women differ in various states and in different occupations and how limiting the current scenarios are SEWA Bharat and SELCO Foundation together formed a “Stree Shakti Consortium” to promote the inclusion of women in energy access supply chain. The consortium, yesterday, conducted a workshop to present a report called “Energy Access and Women's Livelihood” that articulates on-ground stories of 300...
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