-The Times of India MUMBAI: Demonetisation seems to have helped private moneylenders in Maharashtra. Of the Rs 13,558 crore of loans required for the rabi season, banks could disburse only about Rs 2,400 crore (18%), due to shortage of cash. Besides, there are restrictions on district cooperative banks (DCCBs). Officials said the crisis gave moneylenders an opportunity to get rid of defunct notes as loans were disbursed in old notes and they...

-The Indian Express Credit, payment in old notes from grain commission agents ensures normal rabi planting operations. Jalandhar: Punjab farmers have so far got only about Rs 19,350 crore, out of the Rs 24,915 crore that was due for the 16.50 million tonnes paddy they had supplied to government agencies in the recent kharif procurement season at the minimum support price (MSP) of Rs 1,510 per quintal. But even with pending payments of...

-Hindustan Times Bhopal: The Centre’s demonetisation move has hit the farmers in MP’s Bundelkhand hard who were hoping for good rabi crops after facing four years of hardships owing to drought in the region. Farming is the main occupation in the region, and heavy rains this year had brought smiles on the faces of farmers. As the sowing for winter crops was almost complete in this part of the state before demonetisation was...

-The Indian Express These enterprises — whom she broadly categorises as ‘rural commercial capital’ — enjoy privileged access to formal credit networks. In her insightful study of the working of agricultural markets in West Bengal, British development studies scholar Barbara Harris-White has documented in detail how trade in farm produce is controlled through a web of rural and semi-urban agro commercial enterprises. These enterprises — whom she broadly categorises as ‘rural commercial capital’...

-The Hindu In its first reaction, State govt. says disbursement of crop loans severely hit Chennai: Reacting to the demonetisation-triggered crisis for the first time, the Tamil Nadu government on Wednesday said that disbursement of crop loans to farmers through primary agricultural co-operative credit societies has been affected and it would severely affect food production in the State. The government was “unable” to give new loans to farmers for samba cultivation which accounts...