-The Hindu Business Line Sangrur and Samrala: In normal times, the grain mandi of Samrala is abuzz with the hum of agrarian commerce. These days, however, it lies virtually vacant, with only a handful of farmers coming to sell their produce. Joginder Singh Sahni says that usually the mandi is full of wheat and rice farmers selling their goods. Commission agents and other links on the commercial chain add to the...
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Note recall most hurtful: Farmers
-The Telegraph New Delhi: A nationwide network of farmers today dubbed the demonetisation exercise "the most hurtful scheme since independence" and claimed that Prime Minister Narendra Modi's pledges for the agriculture sector announced on December 31 were "a rehash of what already exists". The network of farmers' associations and representatives from across the country said in a letter sent to the Prime Minister that the demonetisation move had shown a "dismaying disregard"...
More »What the RBI Should Do to Minimise the Impact of Demonetisation -Surajit Das
-TheWire.in People have lost their jobs, small businesses are closing down and the agricultural sector has been hit hard as a result of demonetisation. The RBI must increase the supply of cash to curb further fallout. Money is not cash. In fact, cash in circulation was just 14% of all money in 2015-16 according to the Reserve Bank of India (RBI). Measures of money also count close substitutes of cash including the...
More »Raipur farmers give away 1 lakh kilos of vegetables for free in protest against demonetisation
-Scroll.in The Kisan Sangh demanded that the government waive the interest on their farm loans for the current season. Farmers in Chhattisgarh’s Raipur district gave away their vegetables for free on Monday to protest against the impact of demonetisation on their businesses, PTI reported. Nearly 30,000 citizens queued up in the Dharna Sthal area as over 1 lakh kg of vegetables were handed out, PTI reported. Vegetables prices have gone down drastically in...
More »Villagers barter wheat with groceries to beat currency blues in Rajasthan
-PTI BUNDI: Cash-starved farmers in Bundi villages - where ATM and bank branches are hard to find - have resorted to the ancient barter system, exchanging wheat and pulses with other commodities. For farmers in the villages it is literally a return to the old days. Wheat is currently being sold for Rs. 21 to 24 per kg but the locals in villages are forced to purchase commodities weighing equal to wheat thus...
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