https://www.businesstoday.in/curren...etisation-badly-hit-farmers/story/293210.html
[h=2]The agriculture ministry admitted that farmers had been drastically affected by Prime Minister Narendra Modi's surprise demonetisation decision in November 2016.[/h]
n a meeting of the Standing Committee of the Ministry of Finance yesterday, the Union Agriculture Ministry finally admitted that farmers had been drastically affected by Prime Minister Narendra Modi's surprise demonetisation decision in November 2016.
Significantly, millions of farmers were unable to purchase seeds and fertilisers ahead of the Rabi season due to this. The smaller farmers in particular, who rely on cash to make purchases, were left stranded as virtually all the cash they had in hand was suddenly illegal tender
Demonetisation also affected big farmers - they had to pay wages to the labourers working on their fields but they, too, found themselves cash-strapped.
[h=2]The agriculture ministry admitted that farmers had been drastically affected by Prime Minister Narendra Modi's surprise demonetisation decision in November 2016.[/h]
n a meeting of the Standing Committee of the Ministry of Finance yesterday, the Union Agriculture Ministry finally admitted that farmers had been drastically affected by Prime Minister Narendra Modi's surprise demonetisation decision in November 2016.
Significantly, millions of farmers were unable to purchase seeds and fertilisers ahead of the Rabi season due to this. The smaller farmers in particular, who rely on cash to make purchases, were left stranded as virtually all the cash they had in hand was suddenly illegal tender
Demonetisation also affected big farmers - they had to pay wages to the labourers working on their fields but they, too, found themselves cash-strapped.