Modi's rupee ban takes toll on businesses for third month

FIRST, Yashpal Singh Rathore's marriage was delayed by his future in-laws, who, like most Indians, ran short of cash after Prime Minister Narendra Modi banned the country's largest currency notes in November.

Then the 29-year-old lost his job when the ensuing cash crunch hit demand for motorcycles and scooters sold by the company where he worked, Hero MotoCorp Ltd. After that, the prospective in-laws refused to let the wedding go forward until he found another job.

"So I lost my job and I lost my marriage," he said in an interview at a protest, where he shouted slogans with more than 100 red-flag waving workers let go by Hero.

Mr Rathore is one among a large number of Indians - the precise number is not known - who have lost their jobs since Nov 8, when Modi abruptly banned 86 per cent of the country's currency in a bid to…