Govt allows farmers to use old 500 rupee notes to buy seeds

November 21, 2016 13:54

Ministry of Finance has rolled out new guidelines aimed at giving relief to farmers left stranded due to the demonetisation policy.

In a series of posts, the finance ministry said: "To further support farmers for the current Rabi crop, the government has decided to allow farmers to purchase seeds with old Rs 500 notes."

"Farmers can purchase seeds from centres, units, outlets of central/state govternments, PSUs, National/State Seeds Corp on producing proof of identity."

"This is in addition to the decision taken earlier for making cash available with the farmers by permitting them to draw up to Rs 25,000 per week from their KYC compliant accounts subject to the normal loan limits and conditions apart from the other facilities announced on 17.11.2016."

« Back to LIVE

TOP STORIES

T20 bowlers must adapt or get left behind: Southee

The mountain of runs being scored in the Indian Premier League shows Twenty20 cricket is changing and bowlers must move with the times or be left behind, New Zealand paceman Tim Southee said.

'There Is No Modi Wave'

'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'

Gandhis are not fighting from Amethi shows...: Smriti Irani

Irani said that Rahul Gandhi's candidature from Raebareli is a "victory" for the people in Amethi.

One of the strongest people I know: Nayar backs Shreyas amid career setbacks

Ahead of his side's Indian Premier League match against Mumbai Indians, Kolkata Knight Riders assistant coach Abhishek Nayar hailed skipper Shreyas Iyer for his mental strength and positive approach to life.

Arey daro maat, bhaago maat: Modi taunts Rahul over Rae Bareli move

Modi said that Congress' tally in the Lok Sabha polls will be an "all-time low"