I cant believe my eyes...Rs.60k Crores..WOWWW. Iam sure that, LOTS of ppl are going to make LOTS of money, whereas very few deserving-farmers would benefit. Pls rmbr that there are 'rich' farmers in India, who anyway, dont pay any taxes (agricultural income is tax-free), get subsidised electricity, and cheap loans. These ppl will benefit at the cost of our tax-money. If the govt spends, 60k crores in improving the agricultural infrastructure, then our farmers wont have to depend on Rain or middlemen, which is the main reason for their present condition. "YOu give a hungry-man a fish and u feed him for a day, But if u teach him to fish, then u feed him for whole life". Infact, in 60k crores, you can improve all the infrastructure of the whole country. Is our govt soooo rich??? WOW. THis is the most inefficient use of money.
RE:60k Crores.... WOOOOW
by Anis Kamdar on Mar 01, 2008 11:06 PM | Hide message
I agree with what you say. In future, this may also result that the farmers will stop paying for the loans they get - because FM has done away with their debts and they will look forward for a repeat. If FM wanted to do this, it should have been case-to-case basis and only those should have benefitted who had taken loan AND APPLIED LOAD FUNDS TO FARMING (and not otherwise) and genuinely work hard and still suffered loss and could not repay debt. At present, it is 60K crores down the drain future problems of non-repayment of loans.