DEMONETISATION: From Deprivation to Destitution

This microbook visibilises via lived reality analysis the ramifications of demonetisation on various facets of the lives, labour and livelihoods of the marginalised, specifically construction workers, both men and women. The impacts of Notebandi are estimated and quantified in measurable terms, combined with the articulation of people's testimonies based on their experiences, struggles and coping strategies affected specifically by demonetisation. The push given by Notebandi to the intensification of the process of economic and extra-economic deterioration from deprivation to destitution is captured through three phases: the pre-demonetisation reality, the first few months after November 2016 to identify the immediate repercussions and the post-demonetisation phase in order to unravel the long-term and irreversible consequences. CONTENTS - 1. Introduction 2. Methodology and Area of Research 3. Ground Evidence I. Introduction II. Demographics III. Financial Inclusion IV. Employment and Income Patterns V. Expenditure VI. Savings and Borrowings 4. Conclusion