Swagata Yadavar Profile picture
Oct 27, 2017 8 tweets 2 min read Twitter logo Read on Twitter
1 year of #Notebandi: Lasalgaon, asia's largest onion market, stopped cash payments to farmers. Traders give 20 days post dated cheques 1/n
Takes a month for the cheques to encash. Many cheques bounce. Meanwhile, Farmers take loan to make their payments till the cheque encash 2/n
"Only traders benefitted from Notebandi" farmers allege.Traders get 1-2 months to make their payments which used to b cash till Nov '16 3/n
"We had no cash during diwali" one farmer tells me.He has come to Pimpalgaon Market because it is one of the few that gives cash payment 4/n
Farmers rush to Pimpalgaon market even though it gives a lesser price than other markets because it pays in cash 5/n
"What is cashless?"Farmers ask me as I ask about impact of #demonetisation "we still need cash to pay for diesel or to pay labourers" 6/n
"Nationalised banks don't entertain farmers, they are extremely rude"onion farmers. 7/n
Vijay Nikam, Malegaon comes to Pimpalgaon because he wants cash payments. "Cheques take 1.5months to encash, many bounce" 7/n

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