Farmers allowed to buy seeds for rabi crop with old currency notes1 min read . Updated: 22 Nov 2016, 04:08 AM IST
Farmers will be able to purchase the rabi seeds from units belonging to Central and state governments, PSUs, and Central and state agricultural universities, among others
New Delhi: Providing further reprieve to farmers, the government on Monday allowed farmers to purchase seeds for their current rabi crop with old denomination notes, as part of the steps to ease the impact of partial demonetisation on the rural sector.
Farmers will be able to purchase the seeds from units belonging to the central and state governments, public sector undertakings, National and State Seeds Corporations, central and state agricultural universities and the Indian Council of Agricultural Research, the finance ministry said in a statement. However, they will have to produce their proof of identity at the time of purchase.
Last week, announcing a slew of relaxations for farmers, the government had permitted farmers to withdraw up to Rs25,000 per week from their bank accounts that are compliant with know-your-customer requirements.
“The government is committed to ensure that the farmers are suitably facilitated during the Rabi season," the finance ministry said.