India rupee crisis: The village with cash worth nothing



Many Indian banks and cash points are running out of replacement money after the government scrapped the 500 and 1,000 rupee notes in a surprise move last week. The BBC's Sanjoy Majumder travelled to the northern state of Rajasthan to see how rural India, where cash accounts for almost all transactions, is coping.
It is 05:00 in Kirdola village, Rajasthan, some 400km (250 miles) north-west of the Indian capital Delhi. Winter is setting in and there is a sharp chill in the air.
But very few people can be seen at the village square or the local teashop. The fields, which should be filled with... read more

 
17 November 2016 in World News, Views: 62
Source: BBC
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