Govt. allows Farmers to buy Seeds for Rabi crop using Rs. 500 (old currency Notes)

Farmers can buy Seeds for Rabi crop using Rs. 500 (old currency Notes) from certain Govt. centres

For supporting Rabi crop and Farmers, the Govt has allowed limited use of old currency notes of Rs. 500 by farmers for making purchase of seeds from certain Centres, Units or Outlets belonging to the Central or State Governments, PSUs, National or State Seeds Corporations, Central or State Agricultural Universities and the ICAR, on production of proof of identity.

Above measure has been taken in addition to earlier permision to draw up to Rs.25,000 per week from their KYC compliant accounts subject to the normal loan limits and conditions, etc. It shows commitment of Government to ensure that the farmers are suitably facilitated for Rabi crop.

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