Demonetisation

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Small vegetable and poultry farmers severely affected by demonetization drive

Three weeks into the surprise announcement by the government to withdraw high denomination currency notes from circulation, it is now clear that producers of perishable commodities such as vegetable and poultry have been seriously impacted

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Trade tumbles at Sonepur cattle fair after demonetization

The severe scarcity of currency notes have resulted in business at India’s largest cattle fair, which is conducted entirely in cash, crashing to a halt with most sellers returning home empty handed

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Currency tsunami hits Kerala fisher village

The poor women of Anju Thengue island village in Kerala have been caught unprepared by the ban on banknotes that has seen prices crash and a near total collapse of the fish market

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Small vegetable farmers in Maharashtra suffer blow from demonetization

The people in rural Pune are past the initial shocks of demonetization and are now coming to grips with it, but there are signs of distress among growers and sellers of fruits and vegetables

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Rural Tamil Nadu shows resilience as currency crisis disrupts life

For villagers in Kanchipuram and Thiruvallur, particularly the poor, the trashing of high-value banknotes is another hardship among many that they have to face

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Farmers, daily wage laborers in Odisha badly hurt by demonetization

Farmers and those in rural areas who make a living as daily wage laborers in Odisha have been left stranded by the demonetization drive by the Indian government that has led to a huge scarcity of lower denomination notes

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Demonetization and the rural poor in five dimensions

The junking of high value currency notes has led to an unprecedented situation where the poor are more at risk from manipulation by the unscrupulous than from any crippling financial loss in the short or medium terms, barring exceptions