image

Former agriculture minister Sharad Pawar says Rabi crop sowing hit by demonetisation

by IBNS 15 Dec 2016, 11:03 pm

#Demonetisation #cashcrunch #rabicropsowing #SharadPawar #ShaktikantaDas

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
 
 

Top Headlines

Related Videos
Video

Taste of America, Indian style

by India Blooms 09 Jul 2015, 03:37 am

Video

Love is the Drug

by Hannah Cornett 01 Jun 2015, 02:00 am

Video

Can India benefit from Kentucky coal?

by ibns 30 Jan 2015, 02:12 am

Video

Bollywood weekly round up

by ians 11 Aug 2014, 01:44 am

Related Photos
PM Modi condoles the passing of Pope Francis, shares throwback images

PM Modi condoles the passing of Pope Francis, shares throwback images

by Trans World Features 21 Apr 2025, 05:32 am

Narendra Modi takes oath for rare third term as Prime Minister

Narendra Modi takes oath for rare third term as Prime Minister

by Trans World Features 09 Jun 2024, 01:36 pm

PM Modi launches Ram Mandir amid a gathering of seers and celebrities

PM Modi launches Ram Mandir amid a gathering of seers and celebrities

by Trans World Features 24 Jan 2024, 02:26 am