While homemakers’ plight after demonetisation has been highlighted, does it also point to the need for at least educated women to start moving away from cash and into investments?
As India continues its fight against corruption, terrorism, and embarks on a path to development, the demonetisation move has caused much joy as well as heartburn across segments of society. As India Inc and the salaried middle class who have paid their taxes for years, hail this move, the poor, the traders and the ones who have depended on cash are wringing their hands in misery as businesses have been hit in a now literally, cash-strapped economy.
While certain segments of society have obviously been hit, there is a huge distressed segment that has been largely ignored: that of homemakers in India.
This article by me has been first published on Women’s Web.