IMPACT OF DEMONETIZATION & DIGITALIZATION IN THE LIFE OF TEAWORKERS: A CASE STUDY OF BOKEL TEA ESTATE IN DIBRUGARH DISTRICT OF ASSAM
Journal Title: GJRA-Global Journal For Research Analysis - Year 2018, Vol 7, Issue 9
Abstract
Demonetization is an important step taken by the government of India when it feels that there is a necessity for changing of national currency. India is a labour abundant country and the government of India took the step of demonetization and digitalization for cashless transactions in the last year had the impact in the life of workers also. This research paper is focusing on the problems facing by the tea workers of Assam after demonetization. In order to understand the situation the researcher first looks at the reason of demonetization and there after its impact in the life of tea workers. For this study primary data collected from 357 sample tea-workers who are randomly selected from ‘Bokel Tea-Estate’ out of 3723 Tea-workers families residing in 25 ‘Labour-Lines’. So, the objectives of the paper are to know the problems facing by the tea-workers after demonetization and digitalization for cashless transactions, to understand the changing comes in the life of tea-workers after demonetization and digitalization for cashless transactions and to offer suggestions on the basis of the findings of the study. The study finds that during the period of demonetization the tea workers were facing a lot of financial related difficulties like irregularities of their salaries due to shortage of currencies in the market and there after their salaries started to digitally transfer in their bank accounts which were opened under ‘Jan-Dhan-Yojna’ scheme. It also provides some suggestions to tea-workers how they enjoy the benefits of digital payments in a better way to remove the financial difficulties from the part of their lives.
Authors and Affiliations
Mr. Ram Naresh Das, Dr. Ratan Borman
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