Monday, 26 June, 2017

Farm loan waiver on, protests off

Farm loan waiver on, protests off Farm loan waiver on, protests off
Mae Harvey | 14 June, 2017, 06:54

"Since they do not own the land, they do not get a loan from the bank". While the movement had started in Puntamba, the earlier core committee which included Dhananjay Jadhav of Puntamba had called off the strike on June 3 post discussion with the state government.

Since the beginning of June, both Maharashtra and Madhya Pradesh farmers have been protesting to grab their state governments' attention and primarily demanding farm loan waivers. The state has already a loan burden of Rs 4 lakh crore and it pays around Rs 30,000 crore just as an interest on loan. "Farmers have called off the strike", Fadnavis tweeted on Sunday. "A joint committee of government officials and farmers will be set up to finalise these conditions", Patil said. The milk societies will have to agree with 70:30 formula (70 per cent of selling amount to farmers, 30 per cent to the distribution chain) of profit sharing on the lines of the sugar industry. But farmers said he had failed to give any concrete promises on improving their lives. Group of Ministers will also hold discussions with various political parties for a broader consensus and inclusion.

If they fail, we will again agitate from July 25, farmer leader Raju Shetti told ANI.

Accordingly, he said, the strike and other forms of agitation across the state had been suspended, including Monday's proposed dharnas outside collectorates and Revenue Department offices, and Tuesday's rail-road blockade.

Shetti did, however, warn the government of fresh protests if the loans are not cleared before the next Assembly session which begins on July 25, adding that else "We will come back with more force". "What has happened is unprecedented". "The State Government deserves compliments for its decision". A counterpart of MSP is the market intervention scheme (MIS), under which state governments procure perishable commodities-vegetable items.

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"We in Maharashtra had successive drought for four years".

The violence witnessed last week was a rare eruption of anger in the rural community in a country whose economy is the world's fastest-growing, but where tens of millions of farmers are coping with stagnating incomes as they struggle to make a living off small land holdings.

After a meeting between Chief Minister Devendra Fadnavis, other ministers from the state cabinet and farmer leaders this afternoon, state Revenue Minister, Chandrakant Patil, has informed that Chief Minister Devendra Fadnavis announced loan waiver for small and marginal farmers today. "The Congress will continue to be aggressive in its approach till the State Government implements its decision".

Keeping a key election promise, the newly-formed state government in Uttar Pradesh chose to waive farm loans worth 363.59 billion rupees ($5.6 billion) for over 21.5 million farmers at its first cabinet meeting in April.

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