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FILE - A private money trader counts Indian rupee currency notes at a shop in Mumbai, India. (Representational image). VOA

As India grapples with massive cash shortages, the government has announced a series of measures to improve the supply of new currency to the vast rural areas that have been worst hit since high value currency bills were scrapped earlier this month.

Economic Affairs Secretary Shaktikanta Das said on Wednesday that the large countrywide network of post offices would be used to distribute money. “The new denomination notes… have been made available in 155,000 post offices across the country to disburse cash, specially to rural people.”

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The government also said farm cooperatives would provide more than $3 billion in credit to farmers to buy seeds and fertilizer for the winter crop.

There has been mounting hardship in villages, where people hold virtually all their savings in cash. Worries are also growing that food production could be hurt due to delays in planting crops such as wheat.

Indian lawmakers from opposition parties hold placards in the parliament premises during a protest against the government demonetizing high-value bills in New Delhi, India, Wednesday, Nov. 23, 2016. VOA

Cash has been in short supply since 85 percent of the country’s currency went out of circulation in a matter of hours when high denomination bills of about $7.50 and $15 were scrapped on November 8. The move aims to bring billions of dollars of unaccounted wealth into the mainstream economy, stamping out tax evasion and curbing corruption.

The brunt of the cash crunch has been borne by rural areas, where two-thirds of India’s 1.3 billion people live, but where the network of banks is poor, making it a challenge to get new currency bills.

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Many villagers have been trekking long distances and waiting in serpentine lines in neighboring areas to exchange their cash for new bills, sometimes to find that new notes run out before their turn comes.

The worst affected are those at the bottom of the rural economy – daily wage workers. Demand for farm labor has fallen as the planting season slows down and even well-off farmers say they do not have enough currency to pay salaries or conduct transactions in the market.

A farmer in Haryana state’s Karnal district, Ishwar Dayal, says although he is allowed to exchange roughly $500 in a week from the bank, that amount is difficult to come by as banks run out of currency. That is hampering his operations. “Our rotation in the village depends completely on cash transactions. Whoever we have to deal with, they have no checks, no check books; they only have trust in taking or giving cash,” he said.

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Facing a barrage of criticism for poor preparation and implementation of the massive task of replacing 23 billion old notes, the government has said it could not have printed new bills in advance for fear of the move becoming public.

And as the countrywide scramble for new bills continues, political opposition to the action has been mounting. On Wednesday, more than 200 opposition lawmakers protested outside parliament. A top leader of the opposition Congress Party, Rahul Gandhi, criticized it as the “world’s biggest impromptu financial experiment,” saying it had caused hardship to a billion people.

The government says cleaning up the system and getting rid of tax evasion will bring long-term benefits and more revenues to spend on the welfare of poor people. (VOA)


Photo by Pedro Durigan on Unsplash

The world's largest producer of ketchup announced the Packet Roller, a ketchup bottle-shaped gadget that allows users to squeeze the most out of a condiment packet, CNN reported.

Heinz has just rolled out a new product that the condiment company says is the "biggest innovation in sauce since the packet itself." Earlier this month, the world's largest producer of ketchup announced the Packet Roller, a ketchup bottle-shaped gadget that allows users to squeeze the most out of a condiment packet, CNN reported.

"Do not click 'purchase' unless you are prepared to change everything about the way you sauce," the Heinz Packet Roller website says. The roller goes for $5.70. The roller is pocket-sized, can be added to a keychain, and features a packet corner cutter.

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Wikimedia Commons

Swiss tennis ace Roger Federer, is recovering from a right-knee surgery he underwent last month.

Swiss tennis ace Roger Federer, who is recovering from a right-knee surgery he underwent last month, said on Sunday that it was a difficult process to decide whether to undergo a third right-knee surgery after having two last year. But following Wimbledon, where he was "really unhappy" with his performance in reaching the quarterfinals, Federer opted to go through with it.

Federer, who made a late decision to attend this year's Laver Cup in Boston -- a tournament held between teams from Europe and the rest of the world -- said on the sidelines of the event that the recovery and rehabilitation are "going to take me a few more months and then we'll see how things are at some point next year". "The reception I've received, everybody is so upbeat that I'm here. They wish me all the best and they don't even see the crutches. They just want me to be good again and enjoy the weekend," Federer said in an interview for the event with former world No. 1 Jim Courier.

"I've seen some incredible tennis, some great matches and it's been wonderful. I'm really happy I made the trip," the winner of 20 majors was quoted as saying by On why he opted for a third surgery, the tennis ace said, "I was just nowhere near where I wanted to be to play at the top, top level. But I tried my best and at the end... too much is too much. Now I've just got to take it step by step," Federer said.

Roger Federer RG2012 volley Federer received thunderous ovations inside Boston's TD Garden, where he has often been sitting in the front row watching the action or behind the scenes visiting with the players. | Wikimedia Commons

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Photo by Eiliv-Sonas Aceron on Unsplash

By Hitesh Rathi

Cleopatra, was regarded as a great beauty, to preserve her skin, she took her daily bath in donkey milk. Besides, Hippocrates, the father of medicine, prescribed donkey milk for various diseases including fever, wounds, etc. To add to these benefits, donkey milk has four times the amount of Vitamin C than cow's milk has. So, it's no secret that donkey milk is a powerhouse of nutrients for both the skin and body.

Used for Anti-Ageing and Healing
The milk contains essential fatty acids that work as powerful anti-ageing and healing properties. These fatty acids blur the wrinkles on the skin and help to regenerate damaged skin. Plus, donkey milk also contains anti-bacterial properties which are effective in healing skin irritation and redness.

Look younger as you get old The milk contains essential fatty acids that work as powerful anti-ageing and healing properties.| Flickr

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