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Cash Shortages in India Hit Millions Working in Informal Sector

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Daily wage laborer Ishwari Lal has taken a day off work to line up outside a camp opened at a major road intersection in the business hub of Gurgaon, in India’s northern Haryana state, to help workers open bank accounts. Like millions of migrant laborers working in small factories or businesses, building sites, or as security guards, drivers and domestic staff, Lal was always paid his wages in cash and managed it carefully — sending some to his family in the village, and using the...

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