Drought, Cauvery stir and now cash crunch hits farmers- The New Indian Express

Badagalapura Nagendra, Karnataka Rajya Raitha Sangha and Hasiru Sene district president, said, “The government has now allowed the purchase of seeds for rabi season with old notes. But we have already been hit. HD Kote in Mysuru, for instance, has only one Kaveri Grameena Bank and one SBI for so many villages. Where do we go? There are 6,000 farmers in our taluk. Sixty per cent of our crops — ragi and paddy — failed because of drought and now the ban on notes.”Mahesh owns a godown in Saraswatipura of Mysuru where he packs vegetables for sale in malls. He has 12-13 farmers who supply him the produce. “Earlier, local tomatoes cost me Rs 12 to Rs 15, now it’s just Rs 2. I have given online payments or cheques to farmers to encash on a later date but three to four farmers have given their produce on credit,” he added.

Source: Drought, Cauvery stir and now cash crunch hits farmers- The New Indian Express

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