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Bail out farmers from demonetisation crisis
Andhra Pradesh Farmers Federation president Yerneni Nagendranath, YSRCP farmers’ wing convener MVS Nagi Reddy and Krishna Delta Parirakshana Samiti convener Kolanukonda Sivaji convened a press conference here on Saturday to highlight farmers’ woes in the wake of demonetisation.
Vijayawada: With banks and ATMs in rural areas facing acute shortage of currency notes of small denominations, farmers and tenant farmers have been facing many hardships, said several leaders of Farmers Associations.
Andhra Pradesh Farmers Federation president Yerneni Nagendranath, YSRCP farmers’ wing convener MVS Nagi Reddy and Krishna Delta Parirakshana Samiti convener Kolanukonda Sivaji convened a press conference here on Saturday to highlight farmers’ woes in the wake of demonetisation.
Yerneni said that the government was focusing on urban areas and private and public sector banks were getting more currency notes. On the other hand, rural banks were almost closed due to money crisis. “The urban business is different from rural agriculture activity. The farmers cannot wait and waste time and act swiftly to get kharif harvest and start rabi work.
They direly need money to invest in agriculture. In Vakkalagadda alone, farmers have deposits of Rs 10 crore in a bank. Now, due to shortage of currency they are unable to withdraw money. Even the functioning of cooperative banks is badly affected by demonetisation,” he added.
Nagireddy demanded that the State government give compensation for the loss caused to farming community owing to demonetisation. It was commoner, who suffered a lot because of Prime Minister Narendra Modi’s ‘surgical attack on black money,’ he said.
He said that rural people were the worst affected by demonetisation. Criticising Chief Minister N Chandrababu Naidu and the Prime Minister for failure to take alternative steps, he said that the Centre should have taken proper measures to avoid money crisis before demonetisation.
Sivaji said that demonetisation had direct impact on rabi crops. The farmers were finding it difficult to buy fertilisers and seeds as the traders are not accepting high denomination currency notes which were banned.
He said the farmers were afraid that the farming activity might be delayed due to non-availability of money. They were deep down in crisis unable to raise money to maintain family, he lamented.
