-The Hindu 'The buyers are tendering Rs. 1,000 notes, which is difficult for us to accept' North 24 Parganas: By about 4 a.m. all shops – about 170 – were open on both sides of an unkempt asphalt road. The shops that were selling fish at a wholesale rate were chock-a-block by 5 a.m.. But many of them were not engaging with the trading. They were small rural fish farmers and sellers, big...
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In the Long Term Indians Might Lose Faith in Cash and Turn Towards Gold -Ravinder Kaur
-TheWire.in The spectacle of ‘fixing’ India’s illegal economy is not only harming common citizens but also turning small investors away from financial markets. Depending on who is talking, the demonetisation of higher value currency notes by Prime Minister Narendra Modi’s government has either been described by commentators as a ‘bold move’, ‘landmark policy’, ‘game-changer’ and even a ‘political masterstroke’ or has been labelled the single most high-risk political gamble undertaken since the...
More »Demonetisation of Rs 500 and Rs 1000 notes: Farmers fear missing out on sowing time -Sahil Makkar
-Business Standard There is a widespread panic among farmers, who were preparing for the next Rabi season New Delhi: There is a widespread panic among farmers, who had recently harvested their paddy crop, and were preparing for the next Rabi season. They fear that in the absence of new currency notes they will miss out on the crucial sowing time. This is most crucial time for a farmer when he not only...
More »How India's currency ban is hurting the poor -Soutik Biswas
-BBC India's latest crackdown on black money is turning out to be a nightmare for the poor and the middle class. Three days after 500 ($7) and 1,000 rupee notes were withdrawn as part of anti-corruption measures, hordes of panicky people are thronging banks and ATMS to deposit expired money and withdraw lower denominations to run their lives. The queues are getting longer and angrier, and despite the government's loud promises, banks and...
More »Agriculture and Pollution: Tackling a burning problem with technology -Divya Goyal & Anju Agnihotri Chaba
-The Indian Express The poor adoption of a machine that can help avoid paddy stubble burning is an example of policy failure. Jalandhar/ Ludhiana: There is virtual unanimity — at least among scientists and aware farmers — that the ultimate solution to the recurrent problem of paddy stubble burning at this time of the year lies in the ‘Happy Seeder’ developed by the Punjab Agricultural University (PAU) in 2002. But more than...
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