Vegetable rates fall drastically; change problem in markets
There is drastic fall in the prices of vegetables in Telangana, following demonetisation and people not having change to buy vegetables. Those veggies that were Rs. 40 a kilo last month are now selling at Rs. 18 a kilo a. nd for less. While people have big notes like Rs. 2,000, vendors have no change. In Erragadda Rythu Bazar, IDFC bank in collaboration with E-Seva began a micro ATM. They are issuing tokens equal to an amount desired by the customer, through their accounts, based on Aadhar cards. The customers will exchange them for vegetables. People are demanding that such ATMs be opened in all vegetable markets.