The prime minister’s ‘rich versus poor narrative’, which helped sell demonetisation in its first few months, is collapsing in the face of devastation in the informal and formal sectors.
In the sixty-eighth episode of Jan Gan Man Ki Baat, Vinod Dua discusses the recent Aadhaar-PAN judgment and the impact of demonetisation on farmers.
Vinod Dua discusses the impact of demonetisation in light of SBI’s recent admission that it has led to a slowdown in Indian economy, and Amit Shah’s comment on Gandhi.
A shift away from cash reliance will come only when the urban middle class finds plastic money more convenient, not with forceful government intervention.
A daily round-up of the human impact of demonetisation.