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LATEST NEWS UPDATES | Agriculture ministry withdraws report that said demonetisation adversely affected farmers

Agriculture ministry withdraws report that said demonetisation adversely affected farmers

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published Published on Nov 29, 2018   modified Modified on Nov 29, 2018
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The ministry has issued showcause notices to three of its senior officials for submitting the report before Agriculture Secretary Sanjay Agarwal could vet it.

The Ministry of Agriculture has withdrawn a report that said demonetisation affected millions of farmers in the country. The ministry cited a “compilation error” to justify the withdrawal and submitted a new report that says farmers did not face any “adverse impact” as a result of the note ban in 2016, The Hindu reported on Tuesday.

Agriculture Secretary Sanjay Agarwal told the Parliamentary Standing Committee on Finance that two directors and a joint secretary in the ministry have been issued showcause notices for submitting the earlier report. He claimed he had not vetted the report before it was submitted as he was about to travel abroad and did not have time.

In the earlier report, which was submitted to the parliamentary panel on November 20, the ministry had said millions of farmers were unable to buy seeds and fertilisers for winter crops because of the Narendra Modi government’s decision to demonetise Rs 500 and Rs 1,000 currency notes. At the time, farmers were either selling kharif crops – harvested around October and November – or sowing rabi crops, which is done around mid-November.

The latest report, however, claims that the the farm sector saw an “encouraging growth” in the inflow of agriculture credit, distribution of seeds, coverage of major rabi crops and crop production compared to previous years, India Today reported.

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Scroll.in, 29 November, 2018, https://scroll.in/latest/903778/agriculture-ministry-withdraws-report-that-said-demonetisation-adversely-affected-farmers


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