Describe the impact of demonetisation on livelihood in urban areas
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Demonetisation effect: Rural India still faces cash shortage
By Vimukt Dave | Ahmedabad | Last Updated at April 29 2017 21:29 IST
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After normalising for a while in the January-March quarter, cash-handling activity has declined by at least 12-15 per cent and is under pressure in April, say cash management companies who blame the situation on a severe cash crunch in the system. Due to this, at least 9-10 per cent automated teller machines (ATMs) in the country remain consistently dry, cash management companies say.
According to cash-handling companies such as CMS Info Systems and Logicash Solutions, the available cash mainly lies with the bank branches and has not been transferred to ATMs. Also, rural areas are still facing cash shortage.
For example, average daily volume handled by Logicash in the October-December 2016 period was Rs 300 crore, which rose to Rs 450 crore in the January-March period, for 14,000 ATMs. But this was still lower by 18 per cent when compared to the corresponding period in the previous year when the company used to manage Rs 550 crore daily for 13,000 ATMs.
Answer:
Rinderpest arrived in Africa in late 1880 's. it was carried by infectional cattle imported from britain. entering africa in eas, Rinderpest moved west 'like forest fire ' reaching africa 's atlantic coast in1892. it reached tip of africa i.e. cape 5 yrs later. rinderpest killed 90 % of cattle the loss of cattle destroyed african livlihoods. planters, mine owners and colonial govt.s now successfuly monopolised what scarce cattle resouces remained to strengthen their power & to force africans into labour market. control over scarce resource of cattle enabled european colonisers to conquer and subdue africa.