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Small Industrial Units Ready With Cheques, But Wary Workers Want Cash

Small Industrial Units Ready With Cheques, But Wary Workers Want Cash

  On the northeastern edge of India’s financial capital, with seven days to his pay day, sheet-metal worker Mahadev Vanjari, 50, declared that the cashless economy was not for him.…

#DataFix: Is India Ready To Become A Cashless Society?

#DataFix: Is India Ready To Become A Cashless Society?

Rajiv Anand, executive director at Axis Bank, talks to Shreya Shah about why it is taking so long to remonetise banks in India, whether India is ready to go cashless…

#Notebandi May Exacerbate India’s Public Health Crisis

#Notebandi May Exacerbate India’s Public Health Crisis

Mahavir Malhar, 52, from Jharkhand came to Mumbai for his wife’s cancer treatment. Their sons cannot send the couple money because of long lines at banks back home. The couple…

Agriculture Market In India’s Richest State Crumbles After #NoteBandi

Agriculture Market In India’s Richest State Crumbles After #NoteBandi

The agricultural market at Pathardi, in Ahmednagar district of Maharashtra, is where most agricultural trade in the region takes place. Market registers showed that arrival of vehicles loaded with agricultural…

How The Poorest Escaped #NoteBandi: They Don’t Have Money

How The Poorest Escaped #NoteBandi: They Don’t Have Money

Krishna Shukla, 36, a porter at Vashi’s agricultural market, said he rarely sees notes of Rs 500 because his daily income is only Rs 300. The ‘demonetisation’ exercise led to…

Only 16 Of Every 250 Fake Notes Detected In India

Only 16 Of Every 250 Fake Notes Detected In India

Jitendra Rana, senior superintendent of police, Patna, after a counterfeit currency racket was busted. In 2015, 0.88 million fake notes worth Rs 43.8 crore were seized, according to data from…

In India’s Richest State, Widespread Rural Misery–And Support For Modi

In India’s Richest State, Widespread Rural Misery–And Support For Modi

  Thirteen days after the Prime Minister announced the invalidation of 86% of India’s currency–that is, Rs 500 and Rs 1,000 notes–the lives of people in Maharashtra’s villages and towns…

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