-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...
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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...
More »Here's why rates of some vegetables are seeing a dip -Vishwa Mohan
-The Times of India NEW DELHI: Tomato and other vegetables prices, including those of onion and potato, have come down after demonetisation. But the National Horticulture Board, which tracks horticultural produce markets across the country , has found that the fall has more to do with transporters' resistance to pick up the produce from farms than to a poor cash flow at the farmers' end. Ground reports, shared with the board, have...
More »The mother of all disruptions -Jean Dreze
-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...
More »'Ruined': Farmers hit as vegetable prices come crashing down after demonetisation -Chetan Chauhan
-Hindustan Times The government’s decision to scrap high-value currency has sent wholesale vegetable prices crashing to rock-bottom levels, bringing misery to millions of farmers hoping for good returns for their produce after two successive drought years. Onions sold for just Re 1 per kilogram in wholesale markets at Madhya Pradesh’s Neemuch and Mandsaur this week while tomatoes cost less than Rs 2 per kg in Andhra Pradesh and Chandigarh. A kilogram of cauliflower...
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