New Delhi: Union Agriculture & Farmers Welfare Minister, Shri Radha Mohan Singh today here said that he is very grateful to Hon’ble Prime Minister, Shri Narendra Modi and Finance & Corporate Affairs Minister, Shri Arun Jaitley for taking steps to alleviate difficulties of the farmers. Shri Singh said that in order to further support farmers for the current Rabi crop, the Government has decided to allow farmers to purchase seeds with the old high denomination bank notes of Rs.500 from the Centres, Units or Outlets belonging to the Central or State Governments, Public Sector Undertakings, National or State Seeds Corporations, Central or State Agricultural Universities and the Indian Council of Agricultural Research (ICAR), on production of 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.
The Government is committed to ensure that the farmers are suitably facilitated during the Rabi season.
