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Abraham, Samuel
- Understanding the Experience and Impact of Demonetisation-2016 in Rural Areas:A Study of Six Villages in Western India
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Authors
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1 Center for Development Alternatives, Ahmedabad& Former Professor and Director, Gujarat Institute of Development Research, Ahmedabad, IN
2 Pune based Independent Researcher, IN
3 Ahmedabad based Independent Researcher, IN
1 Center for Development Alternatives, Ahmedabad& Former Professor and Director, Gujarat Institute of Development Research, Ahmedabad, IN
2 Pune based Independent Researcher, IN
3 Ahmedabad based Independent Researcher, IN
Source
Journal of Indian School of Political Economy, Vol 31, No 1 (2019), Pagination: 3-31Abstract
Demonetisation-2016 has attracted significant attention to a large number of diverse opinions on its socio-economic impact in India. However, rural India did not get due attention in the discourse. This paper attempts to understand the impact on and response of the rural poor to the Demonetisation-2016. Surprisingly, they do not seem to have been affected much ‘adversely’, as was anticipated. This is possibly because rural poor have had ‘nothing much to lose’. Rather, they seem to have positive expectations to move forward. Finding political solutions to the problems confronting them such as rising demand for farmers’ loan-waivers seems to be a part of this on-going process.
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