Wednesday, August 26, 2009

VJAS welcomes Maharashtra Govt. loan waiver extension: Demands interest free loan to Dry Land Cotton Growers in line with Sugarcane Growers

VJAS welcomes Maharashtra Govt. loan waiver extension: Demands interest free loan to Dry Land Cotton Growers in line with Sugarcane Growers

Nagpur- August 26, 2009

Vidarbha Jan andolan samiti today welcome Maharashtra e state cabinet decision to extend the ambit of the loan waiver for farmers, to include sections so far denied benefits of the Central and state package as it is extended to another eight lakh farmers who took loans of upto Rs 20,000 from poultry, fisheries and dairy cooperatives to enable them to take fresh short and long term credit from institutional banks but critisied central Govt. decision to provide subsidised loans scheme limiting to sugarcane farmers as it’s lomg pending demand to have interest free crop loan to dry land farmers we are happy that decision of central Govt. to grant loans to sugarcane farmers at a concessional interest rate of 4 per cent to purchase quality seeds, fertilisers and pesticides,but it should extended to cotton,paddy and soybean growers too as they also need such incentives quality cultivation when they are too drought hit Kishore Tiwari Vidarbha Janandolan Samiti informed in press note today.

“Thanks to the forthcoming Assembly elections in Maharashtra, Chief Minister Ashok Chavan been take more than 12 cabinet meetings over the last 25 day to provide benefits to minister and political workers and industrials houses ,he has been forced to take some decision favoring dying farmers Tiwari said.

“It would have been better decision if complete loan waiver to self help group providing crop loan to it’s member would have been waived off as there are more than half a million SHGs are involved in this activity, would have best incentive micro finance activity in drought hit maharashra”Tiwari added.

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