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Farm Loan Waiver
by Sivaswamy Mohanakrishnan on Mar 02, 2008 02:33 PM

It is great to see that the Finance Ministry has realised this atleast now and has taken the first step.

Also, it is only just that the economic prosperity that many sectors in India is experiencing in the last few years be shared with the small and marginal farmers, who are not able to otherwise participate in the boom, by leaving their farms and joining call centres.

The Congress Party came back to Power because of the disaffection of marginalised populace who could not benefit immediately from the booming economy, so it is right that the Party gives something back to its consitituents.

In the process the Banking sector gets a much needed clean-up and the Bank Managers have been made happy.

Win-Win for all concerened.
Bravo, Mr Chidambaram.

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Farmers' debt to be waived!