I appreciate FM for giving a waiver of loans for the farmers. This is a life saving policy of the govt. for many farmers. But as you said the beneficiary of this act will be relatively rich farmers who are going for investments in farming sector. As development oriented govt. policy this is acceptable and should be appreciated as this will give a boost to farming sector and more people will engage in farming. Farmer should not be a synonym for poverty.
Offcourse there should be a effective system for the farmers which will enable them to avoid any money lenders who charge high interest rate and other kind of exploitation. Farming sector is to be improved to get profit and a social status in society, otherwise in a short period we will be in a position to import food items just like Petrol now.
Hence a very effective system should be implemented in agriculture sector for helping the farmers in farming, hervesting and marketing of the products in a far better way to benefit the farmers. Hope the present govt. will initiate in this direction.
