Indian Agrarian Crisis now moved to

Farmer-the most endangered species

Karnataka considering loan waiver for farmers

Posted by Ramoo on January 25, 2007

By Indo Asian News Service
Bangalore, Jan 25 (IANS) Karnataka Governor T.N. Chaturvedi Thursday said the state government was thinking of waiving loans obtained by farmers from cooperative institutions.

‘A comprehensive study is being made to decide the quantum of loans to be waived and to which category of farmers,’ Chaturvedi declared in his address to the winter session of the joint state legislature in the Vidhana Soudha here.
The government is set to mobilise resources for the loan waiver scheme from the revenue likely to accrue from the retrieval of encroached lands in and around the Karnataka capital and their disposal as per rules.
The state government had recently set up a special task force in the revenue department to recover the encroached lands, which have been identified by a joint legislature committee. It is estimated that about 18,000 acres of government land have been encroached over the years in and around the city.
‘My government has issued an ordinance Dec 11 prescribing imprisonment and fine for any one who unlawfully enters or occupies government land or creates forged documents on government lands or sells agricultural land for non-agricultural purposes without getting such land converted under the Karnataka Land Revenue Act, 1964,’ Chaturvedi told the members.
Expressing grave concern over the farmers’ suicides reported from various places in the state, the governor appealed to the farming community not to take such extreme step and assured them of his government’s commitment to protect their interests and fulfil their aspirations.
‘Karnataka is the first state in the country to provide agriculture loan to farmers at four percent. The new agriculture policy, announced recently, will provide permanent relief to farmers from most of the problems they are facing and improve their quality of life,’ Chaturvedi said.
Referring to the centre’s special package for the six districts in the state where high incidence of farmers’ suicides was reported, he said a cabinet sub-committee had been constituted to oversee its implementation.
‘Besides providing seeds by subsidising 75 percent of the cost to farmers during this fiscal (2006-07), my government is bringing a legislation to help farmers market their products directly to end users,’ he said.
The governor also announced his government was considering a ban on the manufacture and sale of arrack from April 1 to protect the life of common people.
Copyright Indo-Asian News Service

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