Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Maharashtra's farm loan waivers to aid Vidarbha, Marathwada farmers more -Abhiram Ghadyalpatil

Maharashtra's farm loan waivers to aid Vidarbha, Marathwada farmers more -Abhiram Ghadyalpatil

Share this article Share this article
published Published on Jun 28, 2017   modified Modified on Jun 28, 2017
-Livemint.com

Maharashtra’s capping of farm loan waiver will benefit farmers of drought-prone regions more than those in prosperous western, northern areas

Mumbai:
By capping the farm loan waiver at Rs1.5 lakh per farmer regardless of land holding, the Maharashtra government has ensured that farmers in the critically affected Marathwada and Vidarbha stand to gain more than those in the prosperous western and northern regions.

Farm activists and at least one member of the farmers’ steering committee say that the Rs34,022 crore debt-waiver is a much bigger and more effective relief for farmers in the dry-land regions of Vidarbha and Marathwada than the 2008 waiver given by the Congress-led United Progressive Alliance government.

The other steering committee members, however, who are mostly from western and north Maharashtra, are still insisting on a blanket waiver without any riders.

“This is certainly a more substantial relief for farmers in Vidarbha and Marathwada as compared to the 2008 loan waiver because it does not put the condition of land holding. The 2008 package had put in restrictive conditions—land holding of maximum five acres for a total loan waiver as well as monetary cap of Rs20,000 per acre for those farmers holding more than five acres,” said Vidarbha-based farm activist and member of the steering committee Vijay Jawandhiya. He said the average agriculture land holding in Vidarbha and Marathwada was more than five acres and that the land holding cap in 2008 had deprived many farmers of the total waiver benefit. “But the individual quantum of farm loan (taken out by farmers) in Vidarbha and Marathwada is smaller than that in western and north Maharashtra because dry land farmers are eligible for loans of only up to Rs20,000 per acre. In 2008, more than 70% of the benefit of loan waiver was taken by farmers in Western Maharashtra region because the average land holding there is small as compared to Vidarbha and Marathwada though the quantum of individual debt is higher since farmers with irrigation facility are eligible for bigger loans,” Jawandhiya said. He said ignoring the interests of Vidarbha farmers in particular would have been “politically incorrect” for Fadnavis, who is from Vidarbha.

Jawandhiya acknowledged that the 2017 loan waiver could lead to farmers in Western Maharashtra feeling aggrieved. “That is why I had suggested that the cap should be raised to at least Rs2 lakh so that farmers in Western Maharashtra also get a bigger relief,” Jawandhiya said. He also expects more clarity from the government on how the banks are going to be compensated.

“Fadnavis has said that banks would be compensated in a staggered manner. Banks must not use the staggered repayment as an excuse to deny fresh credit to farmers,” he said.

Please click here to read more.
 

Livemint.com, 26 June, 2017, http://www.livemint.com/Politics/nVsKLbtSaJTAvmj8orstmO/Debt-relief-to-aid-Vidarbha-Marathwada-farmers-more.html


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close