-The Hindu Stories of distress, following a year of drought and now demonetisation, reverberate through State BENGALURU: First, the water in their fields disappeared, and now, the cash in the market. For Rajaiah of Boovanahalli in Hassan district, the cash crunch following demonetisation has seen his yet-to-be harvested maize shrouded in uncertainty. “There are no merchants to purchase as they have no cash,” he said. There is desperation, however, as his entire produce...
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Less cash and low stocks make wheat prices climb -Harish Damodaran
-The Indian Express In wheat, the situation has been worsened by stocks with FCI — at 18.84 million tonnes (mt) as on November 1 — at a nine-year low. New Delhi: Wheat prices have spiralled, reflecting the precarious domestic stocks position and concerns over production of new crop because farmers are unable to arrange sufficient cash for Cultivation operations, following the demonetisation of Rs 500 and Rs 1,000 currency notes. Wheat was sold...
More »TN sees demonetisation shadow over food output
-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...
More »When cash vanishes: A double-whammy -Parthasarathi Biswas
-The Indian Express Farmers are facing the heat from both collapse of demand and inability to purchase inputs post-demonetisation. Junnar (Maharashtra): The last one week and more has brought nothing but bad news for Vasant Pimpale. This farmer from Pargaon Tarfe Ale, a village in Pune district’s Junnar taluka, has already lost 11 tonnes of green chilli grown on eight out of his 15-acres holding. The loss hasn’t been courtesy drought, flood...
More »Why should farmers grow vegetables on polluted Yamuna: NGT
-PTI NEW DELHI: Why should the farmers be allowed to grow vegetables on the land along polluted Yamuna, the National Green Tribunal asked on Tuesday while refusing to permit a farmer to carry out Cultivation on his farm along the river. "Why should you (farmer) be allowed to cultivate vegetables on the land along Yamuna? Do you even know how much polluted the river is? It contains heavy metals and other high...
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