Not Acche Din: PM's note ban has dealt a severe blow to farmers, commodity prices plunge

Beyond the drawing rooms of south Delhi or south Mumbai, nobody has ventured into the fields of Bharat to see what havoc has been unleashed.

Not Acche Din: PM

India suffered a drought for the last 3 years because of a scant monsoon. This year, the monsoon was a success. With enough rainfall, farmers were thrilled and they thought they will make up for the losses. But little did they know that there was a surprise waiting for them at 8pm on November 8.

Prime Minister Narendra Modi wiped out 86 percent of the Indian currency system when he struck off Rs 500 and Rs 1000 notes from legal tender status. He said it will be a minor inconvenience since it will root out black money, eradicate corruption and what not.


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Since then 97 people have died in queues for ATMs or banks. But beyond the drawing rooms of south Delhi or south Mumbai, nobody has ventured into the fields of Bharat to see what havoc has been unleashed.

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NaradaNews.com Editor-in-Chief Mathew Samuel and Chief Photographer Vijay Pandey left Delhi for the semi-arid plains around Alwar to find out. Farmers, who grow brinjal, onion, tomato, bottlegourd (lauki), cauliflower, carrot, are a dejected lot. They lease the land for a minimum Rs 20,000 per bigha to grow vegetables. But note bandhi has shut their hopes and aspirations up. The prices of vegetable produce have crashed nearly to the ground.

The farmers get barely enough to cover wages or even seeds in one case. A kg of brinjal has gone from Rs 25 a kg to some Rs 2. Nobody is selling, letting the thing rot and use it for manure.

There’s more to the demonetisation or note bandhi mess than just queues outside banks and ATMs. The farmers hope they have a better harvest. But is the worst of demonetisation yet to come?

Here’s the video report from Alwar: