Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.Arup Roychoudhury, T E Narasimhan, Sharath Chowdary and Ishita Ayan Dutt/Business Standard report. MUMBAI: A month after demonetisation, people wait outside an ATM in Mumbai. Photograph: Satish Bodas/Rediff.com A month after Prime Minister Narendra Modi announced nearly 86% of India's cash in circulation by value would lose their ... Rediff.com, 2 months ago
The demonetisation brought in by Prime Minister Narendra Modi has had a devastating impact on Indias largest man-made fabric hub at Surat, in his home state Gujarat. The city is known for its diamond polishing and textile units across India. Before ...catchnews.com, 1 month ago
The diamond industry in India is the biggest in the world. However, it has lost it sparkle after the demonetisation drive announced by Prime Minister Narendra Modi on 8 November. While the bigger players, who have been operating through cheques and drafts, ...catchnews.com, 1 month ago
Migrant workers are leaving Gujarat, PM Modi's home state, as they have no work, say Sohini Das and Vimukt Dave.Illustration: Uttam Ghosh/Rediff.com Safirul Shaikh, a migrant from West Bengal, has been living in Ahmedabad and working in the jewellery industry since he was nine years old. The 30-something winner of various awards, including a national one, has had little work since the demonetisation drive by the central government. Shaikh runs a small shop in Sheth ni Pol, in ...Rediff.com, 2 months ago
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