
Termites destroyed Rs 5 lakh that farmer Mangilal Meghwal of Pachpadra in Rajasthan's Balotra district secretly buried in his field a year ago. He hid the cash after selling a plot of…
Termites destroyed Rs 5 lakh that farmer Mangilal Meghwal of Pachpadra in Rajasthan's Balotra district secretly buried in his field a year ago. He hid the cash after selling a plot of land, fearing his family would spend it, and forgot the exact spot due to his habit of drinking and forgetfulness. The family found the damaged bag during ploughing after monsoon rains, but most notes were eaten by termites.
The State Bank of India refused to accept the shredded notes, and the family cannot afford to travel to Jaipur to seek help. Mangilal's wife was left in tears, and his sons are angry over the secret burial. The family now hopes to recover some value from the damaged currency.
This tale of hidden cash and termites is more than a rural tragedy. It feeds two lazy narratives: that farmers are foolish with money, and that banks are unhelpful. In truth, Mangilal acted out of distrust, not just of his family but of formal banking. The RBI does allow damaged note exchange, but awareness is poor in villages. The real test: how many rural Indians still hide cash because they lack a basic savings account or fear familial conflict?
Source: timesnownews.com
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