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SHARAD PAWAR TAKES THE CREDIT OF WAIVING FARMER LOANS

sharad-powar-3Following the waiver of loans to farmers announced in the Union budget, agriculture minister Sharad Pawar has appealed to farmers all over the country not to repay loans borrowed from illegal moneylenders. Addressing reporters after the budget in Mumbai, Union Agriculture Minister Sharad Pawar said, that he will appeal to state governments to support farmers who have been caught in the trap of illegal moneylenders. He said that there can be some machinery set up at the block level through the police or the revenue department to take action against illegal moneylenders and protect farmers from harassment. While he informed media persons that 81.89 per cent of India’s farmers come in the category of farmers with two hectares of land and qualify for the 100 per cent loan waiver, when asked by NMTV News he said that on the ground level only 40% of them will be benefited by their loan waiver scheme. When said that many farmers still did not come under the relief net, the Union Minister said that they can only help the 40 per cent of farmers who have taken credit from financial institutions. For the rest he says that state and ground level semi government bodies will have to play a crucial role. From Mumbai, with cameraperson Dyaneshwar Mali, Rajeev Mishra for NMTV News.

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