"The decision to ban Rs 500 and Rs 1,000 notes was taken to curb blackmoney and corruption. This is going to directly benefit farmers and poor people. This decision is being opposed saying it is affecting farmers and would impact rabi sowing. But the truth is the move is being opposed for personal interest," Singh said in a statement.
Wheat has been sown in 79.40 lakh hectares till November 18 of this ongoing rabi season, higher than 78.83 lakh hectares in the year-ago period, he said.
Similarly, area sown to pulses has increased to 74.55 lakh hectares from 69.98 lakh hectares while oilseeds acreage has gone up to 56.16 lakh hectares from 48.74 lakh hectares in the said period.
Wheat, pulses and oilseeds are main rabi crops. Sowing started from October and harvesting will begin from April.
In West Bengal, rabi crops have been sown in 2.39 lakh hectares till November 18 of this rabi season, as against 2.25 lakh hectares in the year-ago period.
In Uttar Pradesh, rabi crops have been sown in 33.79 lakh hectares, much higher than 25.91 lakh hectares a year ago.
UP farmers have sown wheat in 14.82 lakh hectares till November 18 of this rabi season, as against 14.38 lakh hectare a year earlier.
Highlighting various steps taken to ease cash flow to farmers, the minister said farmers are allowed to buy seeds with old Rs 500 notes at government outlets as well as from agri varsities.
Farmers have also been allowed to withdraw up to Rs 25,000 from banks and the steps are being taken to open bank accounts of farmers at mandis, he said, adding that farmers can avail of funds via kisan credit cards.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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