Comments
In yet another relaxation since its decision to demonetise high value currency notes, the Government has now allowed farmers to purchase seeds with the old series ₹ 500 from outlets belonging to the Centre or States or from public sector firms.
“This can be done on production of proof of identity,” said the Finance Ministry on Monday.
The move comes at a time for the sowing for the rabi season.
Last week, the government had also permitted farmers to draw cash of up to ₹ 25,000 per week from their KYC compliant accounts.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.