Demonetisation

December 2, 2016
Those in the supply chain of perishable farm goods are suffering the most. (Photo by Patrik M. Loeff)

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

November 30, 2016
sonepur1

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

November 28, 2016
Unsold fresh fish being dried to be sold in packets. (Photo by K. Rajendran)

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

November 25, 2016
Farm labor Pratibha Vilas Kamthe has recently gone from cash salary to salary paid into her bank account. (Photo by Gouri Agtey Athale)

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

November 23, 2016
Turnover for the Dharmaraj couple of Valarpuram village, who run a small tea stall, has halved after the demonetization announcement. (Photo by Jency Samuel)

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

November 21, 2016
There's no work to be had for daily wage laborers. (Photo by Basudev Mahapatra)

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

November 18, 2016
atelierperisset

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