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Cauliflower sells for Rs one a kilo in one Bihar market as demonetisation depresses demand -M Rajshekhar

-Scroll.in Buyers are cutting back on consumption, traders are losing margins, and Farmers are paying their workers in kind. At first glance, it looks like any other day at the mandi in Bettiah. Trucks stand next to the concrete arch that leads into the fruit and vegetable market in this small town in northern Bihar. Inside the mandi samiti, as the precinct is called, hawkers sit with baskets bursting with vegetables. The shops...

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Crop insurance plan pays off as 9 lakh Farmers enrol under PMFBY in Karnataka -Sharan Poovanna

-Livemint.com To increase Farmers’ enrolment in the PMFBY, the Karnataka government started deducting compulsory insurance premiums for almost all crop loans disbursed Bengaluru: The Karnataka government’s initiatives to enrol more Farmers under the Pradhan Mantri Fasal Bhima Yojana (PMFBY)—to ensure continued Central assistance to help mitigate the economic impact of deficient rainfalls and resulting crop damage—seems to have paid off as the number of enrolments in the state during the Kharif...

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Demonetisation leaves rural residents jobless -S Senthalir

-The Hindu Delay in monsoon has compounded the problems of farm labourers from Bahour commune Puducherry: The double whammy of demonetisation and delay in monsoon has crippled the rural population of Puducherry as they struggle to make their ends meet. The demonetisation move has brought the construction activity across the rural areas to a standstill, throwing thousands out of jobs and without money. The construction sites in rural areas of Bahour, Villianur, Mannadipet...

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Parched South: Drinking water woes, failed crops force people to migrate -Vikram Gopal

-Hindustan Times Deficient rainfall has led to a severe drought in Karnataka, Tamil Nadu and Kerala with 54 out of 76 districts in the three states facing acute water shortage that has left Farmers the worst hit. In Karnataka, where the northeast monsoon (Oct to Dec) has been 79% deficient, water in major reservoirs is down by half, drinking water is getting scarce and migration has been reported from many villages, government...

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Demonetisation derails cashless plan at APMC markets -Abhiram Ghadyalpatil

-Livemint.com Farmers are getting paid for their produce by traders either by cheque, but many Farmers are not able to encash the cheques due to currency shortages at banks Mumbai: Nearly three weeks after the partial demonetisation of Rs500 and Rs1,000 notes, cashless contracts are running the trade at Maharashtra’s major agricultural markets, but problems with bank liquidity persist. Farmers are getting paid for their produce by traders either by cheque or via...

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