-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...
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Motive behind demonetisation is justifiable but there may be collateral damage
There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded. Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...
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 »50 yrs on, Punjab leads agri charts, Haryana catching up -Gurpreet Singh Nibber and Rajesh Moudgill
-Hindustan Times Chandigarh: ON FARM FRONT Food security of the nation continues to be in the hands of Punjab that contributes the maximum share of wheat to the central pool but its farmers need reforms, not sops, to find a way out of the debt trap. Haryana started at a disadvantage but is gaining ground though the state govt’s role leaves much to be desired. Punjab awaits another revolution The tumultuous trifurcation of Punjab...
More »PMO props up states on GM crops -Richa Sharma
-The New Indian Express NEW DELHI: Faced with stiff opposition from the states, civil society groups and even the RSS on GM Food crops, the Central government is reaching out to the state governments to bring them on board for field trials. Acting on the directives of the PMO, the environment ministry on October 21 organised a meeting which was attended by representatives from different states. More such meetings are expected to...
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