Lioan Waiver by FM
by Sanjeev Gupta on Mar 02, 2008 10:26 AM
I have a lot of sympathy for the poor farmers who are compelled to do suicides. This budget will certainly help them. However when the Govt is spending such huge money on waivers, they should have made a well planned out strategy to make a process to dole this to farmers. While many farmers do commit suicides, there are many farmers in Chandigarh etc., where these farmers enjoy a very very affluent life style. Such affluent lifestyle is not accessible even to the best of salaried class. Such farmers also have easy access to huge loans from the banks and these loans will now be waived off. Do these farmers actually deserve these waiver..?? There are many farmers who actually dont take loans from the banks but rather take from the money lenders. This is a sizeable proportion of these poor farmers. How will this be tackled...There are numerous such things whch should have been tackled before doling out this generosity. After all, the Govt has the entire State machinery which should be brought to this use.