Demonetisation: Lakhs of daily labourers losing jobs in UP

[Informalisation and Labour Rights - Related News]

Lakhs of daily labourers in Uttar Pradesh are losing jobs as their employers are not able to pay them in cash after demonetisation of currency. Agra, home to one of the country's largest shoe-making industries - it accounts for major exports as well as almost 70% of all shoes purchased within India - has been particularly hit hard. Close to 2 lakh daily labourers, half of the over 3.5 lakh employed in 150 organised and over 5,000 unorganised shoe-making units, have gone out of work as their employers are not able to pay them in cash. Most don't have bank accounts.