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Mah CM rejects oppn demand for loan waiver to Vidarbha farmers

Written by: Staff

Mumbai, July 3 (UNI) Stressing the need for collective efforts to find a long-term solution to the spate of suicides by cotton growing farmers in Vidarbha, Maharashtra Chief Minister Vilasrao Deshmukh today ruled out waiving their loans stating that it will not serve any purpose.

Replying to a five-hour debate in the Legislative assembly on the issue of farmers suicide, Mr Deshmukh said farmers instead of repaying their loan amount would wait for waivers to be announced every time. ''Farmers in other parts of the state will also make such demands, he said.

Mr Deshmukh said waiving interest on loan was an appropriate decision and said the loans would be rescheduled and the credit flow in the cotton growing districts of Vidarbha will be increased from Rs 600 crore to Rs 1500 crore.

The Chief Minister said the opposition's claim that Prime Minister's visit to Vidarbha and seeking to monitor the package announced by him through the PMO was failure of his government was ''untrue''.

Prime Minister Manmohan Singh has supplemented the state government's efforts by his package, he said.

Referring to the demand for direct financing made by some members, Mr Deshmukh said NABARD can now directly give loans to district banks. He also rejected the opposition charge that he had not visited families of farmers who had committed suicide.

''I have chaired meetings to provide relief to farmers families in Yavatmal and Amravati and immediate decisions on providing succour to the affected families have been taken by me on suggestions from local elected representatives, '' he said.

Mr Deshmukh expressed satisfaction over the standard of debate on the farmers suicide issue and sought opposition's co-operation in the government's efforts to reduce the hardships of the farmers.


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