GUNTUR: The onset of chilli marketing season seemed to have eased the nervousness of black money hoarders especially in chilli producing districts like Guntur, Krishna, Prakasam and Kurnool. For, the chilli traders are making payments to the farmers only in old high denomination (OHD) currencies and thus helping those who stashed up huge OHDs in rerouting their monies. Making quick move to take advantage from the situation, many of the influential rich people are flocking to the chilli merchants to transact their old high value currencies.Keeping in view of the debts to be cleared by them, farmers are also not resisting to accept the old notes. Besides, the traders are enlighten them that they need not to bother about exchanging the old notes in the banks as the entire agriculture income is exempted from Income Tax payments and also scrutiny.Guntur chilli yard, the biggest one to handle the chillies, has been flooding with the stocks for the last few days and mostly farmers are returning home with OHDs. According to agriculture market yard chairman Mannava Subbarao, about daily arrivals are ranging between 20000-25000 bags which could go up to one lakh bags in the coming weeks. The increased crop arrivals have brought sheers back on to the faces of traders and financiers who have been worried about exchanging old currencies all these days. “We are lucky to have the season began little early as it helped us in rerouting old currencies hassle free,” admitted a local financier. Sources said that the merchants are accepting monies from the financiers on the condition that they would return their monies back only at the end of the business season around next March.“It is a win-win situation for all-merchants, financiers and farmers,” observed an official.With farmers in Guntur district alone sowing chilli in over 1 lakh acres, a production of nearly 25-30 lakh quintals is expected during the current season. Since the current prices are hovering around Rs.11000-Rs.12000 per quintal, the total output could easily transact nearly Rs.4000 crore. “The commission agent had paid my due of Rs.2.4 lakh-all in Rs.1000 notes-on disposal of 20 quintals yesterday. I have no choice but to accept as agents are seeking 2-3 months time when I demanded for new notes,” said K Yallamanda, a farmer of Muppalla mandal. He explained that he would have go to bank to exchange money after clearing the loans to the tune of nearly Rs.1.5 lakh loans. Since most of the transactions between the traders and farmers are recorded and legal, there is little for any agency to pick holes.