image
Former agriculture minister Sharad Pawar says Rabi crop sowing hit by demonetisation
New Delhi, Dec 16 (IBNS): Demonetisation has hit Rabi crop sowing hit as farmers are not able to buy quality seeds and fertilizer, said Sharad Pawar on Friday, according to media reports.
The Nationalist Congress Party (NCP) chief and a former agriculture minister was addressing FICCI's annual general meeting.
According to Pawar, poor implementation of the demonetisation scheme resulted in failure of the intended benefits.
Pawar said that village co-operative banks, on which farmers depend, are not able to dispense the required cash post demonetisation, media reported.
A similar complaint was made by West Bengal chief minister Mamata Banerjee on Thursday in her memorandum to the Reserve Bank of India governor Urjit Patel during their meeting in Kolkata.
On Thursday, Shaktikanta Das, Secretary, Economic Affairs, said that the government is putting "emphasis on providing cash to rural areas from where reports of inadequate availability of cash are coming in."
He also said, the government is emphasising on "making cash available to co-op banks for crop loan disbursement, Rabi sowing almost at par with last year."
Image: AIRNews Twitter
Image: AIRNews Twitter
Top Headlines
-
News
Indian New Wave Cinema Architect Shyam Benegal dies at age 90
December 23, 2024
-
News
French court convicts eight people for their role in teacher's beheading in Paris suburb
December 21, 2024
-
News
Syrian President Bashar Al-Assad flees Damascus as rebels announce to storm capital, say 'end of the era of tyranny'
December 08, 2024
-
News
Man tries to shoot Shiromani Akali Dal leader Sukhbir Singh Badal at entrance of Golden Temple, arrested
December 04, 2024
-
News
Rahul Gandhi, Priyanka Gandhi Vadra's visit to violence-hit Sambhal thwarted
December 04, 2024
-
News
Devendra Fadnavis picked as BJP legislative party head, set to be Maharashtra CM
December 04, 2024
-
News
Rahul Gandhi, Priyanka Gandhi Vadra to visit violence-hit Sambhal today
December 04, 2024
-
News
Will FII investment flow Favour US or China?
November 28, 2024
-
News
No bribery charges against Gautam Adani and his nephew in US indictment, claims Adani Green
November 27, 2024
-
News
Israel-Hezbollah ceasefire comes into effect, halts 13-month conflict
November 27, 2024