Perceptual Segmentation of Demonetization Impact on Farming Communities in Anand District, Gujarat, India

Abstract

Demonetisation is a policy measure of the government to dismantle any bottleneck in the direction of growth; Whether it is corruption at one end or policy paralysis due to paucity of funds at other end. Farming communities are always be at bottom end when policy has been changed at any time, may be due to their poor knowledge base or poor adoptability for any change. Here, the researchers studied post demonetisation impact on farming communities in between January 2017 to April 2017 assuming continuous work schedule of the farmer irrespective of time or substances. Two stage cluster analysis has been used for analysis purpose for understanding of homogeneity of any vulnerability on farming communities. From the study, poor education and informational bottleneck have been found as a major thrust area for reducing any impact of demonetisation on farmer. Even farmers faced impact irrespective of their high income and high age due to poor informational base which is a matter of concerned for policy makers in future.