DEMONETISATION. Farmers can withdraw Rs 25,000/week against crop loan/kisan card : Shaktikanta Das

Priya sundarajan Updated - January 15, 2018 at 10:09 PM.

Economic Affairs Secretary Shaktikanta Das (File photo)

Economic Affairs Secretary Shaktikanta Das today said to ensure sowing in rabi season, the government has allowed farmers to withdraw Rs 25,000 a week against crop loan/kissan credit card.

Traders in agri mandis have also been permitted to draw Rs 50,000 in cash per week to pay for sundry expenses like wages.

Time limit for payment of crop loan insurance premium will be extended by 15 days, he added.

Up to Rs 2.5 lakh cash can be drawn from bank account for a marriage during ongoing wedding season.

Existing limit of Rs 4,500 for exchange of old 500 and 1000 rupee notes will be reduced to Rs 2,000 from Friday, November 18, 2016.

 

Published on November 17, 2016 05:33