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StatesPosted at: Nov 18 2016 9:19PM


Bail out farmers hit by demonetisation, Kiran Choudhry asks CM

Chandigarh, Nov 18 (UNI) Haryana Congress Legislature Party leader Kiran Choudhry today said demonitisation, especially the bar imposed by the Reserve Bank of India (RBI) on the operations of district cooperative banks, has hit the farmers, reeling under huge losses inflicted on them by the policies and doings of the BJP government, led by Mr Manohar Lal, below the belt and asked the state government to bail them out.
In a statement here, the former excise and taxation minister said that lakhs of farmers across the state had their accounts in the branches of district cooperative banks having deep penetration in the rural areas which suited the farmers.
But now that these have been debarred by the RBI from carrying out any transactions in the wake of demontisation, the farmers cannot deposit their proceeds from the sale of paddy which is in old currency, in their accounts. Neither can they draw money from their accounts as the bank cannot dish out old currency.
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Tags: #Bail out farmers hit by demonetisation# Kiran Choudhry asks CM
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