Maharashtra govt announces loan waiver for farmers

Michele Moreno
June 13, 2017

The Chief Minister, who went on an indefinite fast to calm frayed tempers of the farmers demanding a loan waiver and remunerative prices for their produce, had also announced a slew of schemes for their benefit.

"The government and farmer representatives reached a consensus after discussions". The farmers also clarified that if the government's promises are not implemented by July 24, the day when the monsoon session of the state assembly begins, the agitation will resume.

Chandrakant Patil told reporters that a joint committee of government representatives and farmer leaders will be formed to decide on the exact details and execution of the waivers.

Uttar Pradesh CM Yogi Adityanath too announced a farm loan waiver to the tune of Rs 30,000 crore, while Madhya Pradesh CM Shivraj Singh Chouhan is also looking into farm loan waiver demands.

Accordingly, he said, the strike and other forms of agitation across the state had been suspended, including the dharnas outside the collectorates and Revenue Department offices proposed for June 12, and the rail-road blockade planned for June 13.

When asked about yesterday's announcement by the Maharashtra government to do away with farmers loan, Jaitley made it clear that there will be no funding from the Central coffers. Consent of farmers must be taken before acquisition of agricultural land, he announced.

"We have given an in-principle approval for loan waiver for all farmers subject to certain conditions. They want people to move out of agriculture".

The Congress leader also said that demonetisation has broken the cash-cycle the farmer had with the commission agents and it will take some time for things to normalise. "We will protest strongly", said Shiv Mohan Singh, BKS spokesperson, urging the government to chalk out a strategy for easy repayment of loans rather than "threatening that their farmland would be attached". Sources in the Federation said that officials will ensure that farmers get maximum price of their produce and any purchase made below MSP will be treated as a crime.

The chief minister said the six-member Group of Ministers will hold discussions with all political parties in the state for a broader consensus on farmers' issues.

Other reports by Insurance News

Discuss This Article

FOLLOW OUR NEWSPAPER