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Demonetisation halts Omkar's drive to prosperity



CHANDAN KUMAR MANDAL

Dorli (Wardha), Maharashtra: For Mahadev Omkar (36), a resident of Dorli village in Wardha district, farming was not profitable. Like every other farmer in the village, he tried his hand at planting different crops like cotton, pulses and soya bean. Nothing worked, however. Omkar couldn't even collect the investment made in his field. 
Deciding to change his profession he bought a car, the only car in his village. 

"It was hard to even feed my family by cultivating land. I tried every crop including cash crops. But, I still couldn't make enough money," said Omkar adding, "Changing the profession was my last resort to feed my family."


Omkar bought the second hand Maruti Omni for Rs 1.40 lakh out of which Rs 40,000 was loan from the bank. 

Omkar's previous experience of working as a truck driver came handy. He operated his newly bought car as a taxi to carry villagers from Dorli to nearby Wardha town. 

He earned enough to maintain his family and pay the loan installments. Omkar would charge Rs. 30 for every passengers travelling from Dorli to Wardha or vice-versa. He was getting about Rs. 500 a day. 

With the steady income he hoped to repay the bank loan. But the Government’s decision to scrap old Rs500 and Rs1000 notes dashed his hopes. 

Omkar says demonetisation affected him the most in his village. People stopped using his car as transport. Now, he is struggling to pay remaining loan installments.

"My car is almost stranded in front of my house since demonetisation happened," said Omkar standing next to his white Omni, adding, "It seems my old days are back with demonetisation."

According to Omkar, he has not paid any loan instalments since the scrapping of old notes. Now, he is thinking of selling the cotton he has produced in his farm in the last season.

"I have about 20 quintals of cottons produced on 7 acres  which I had stored for some other purposes. But now, I have no other options than selling cotton and paying back the loan. So basically I am back to where I had started," lamented Omkar.

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