Azadpur Mandi yet to recover from cash crunch

Middlemen dealing with tomatoes are facing an even tougher time — their business was first affected when exports were banned to Pakistan due to the ongoing tension between the two countries, and next by demonetisation.

By: Express News Service | New Delhi | Published:December 11, 2016 2:11 am
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A MONTH after demonetisation was announced, farmers, middlemen and traders at Azadpur Mandi are still recovering from losses they have suffered. Some middlemen said the situation has improved since November 8, but it is yet to reach normalcy. Middlemen dealing with tomatoes are facing an even tougher time — their business was first affected when exports were banned to Pakistan due to the ongoing tension between the two countries, and next by demonetisation.

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Sanjeev Kumar Thakur, a middleman in Azadpur, said they get tomatoes from Bangalore and Nashik. “A box of tomatoes, weighing 25 kg, now costs Rs 170-Rs 300. We’ve been facing problems since exports to Pakistan were stopped. Demonetisation has dealt a double blow. The cash crunch is never-ending.”

He added that small farmers who come from nearby areas, mainly Agra, to sell their produce are facing huge problems. Sanjeev Yadav, who has come to the mandi to sell chillis, said that since November, the biggest challenge is getting the full amount in cash from traders.

Sandeep Kapoor, owner of Om Sai Ram Traders, said he has seen a decline of nearly 50 per cent in his sales ever since demonetisation. “After demonetisation, the volume of sales has also gone down. The market is moving at a snail’s pace. Everyone is watching and hoping that things go back to normal soon,” he said.

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