Waiving principal amount it totally illogical and seems to have been done with ulterior motive. If the crop fails FM could have waived the interest totally. Where is the necessity of principal waiver?. Already farmers are enjoying income tax benefit. Are they supplying food articles free of cost to the government?. Are they not receiving price for that? Let the farmers pay their loan when the crop gives them good return. Adding fuel to the fire our beloved FM has announced that the farmers are eligible for fresh loan( for later waiver?). This is a kind of white collor bribery. In India land is free, TV is free, power is free, interest is free, loan is free. That is why India is now a free country. Where from the money comes for this. From political parties' corpus funds? From Politician's personal purse? From kickbacks? From Swiss bank accounts? It is all poor tax payers' money sir poor tax payers' money. This is an indirect bribe given to illiterate voters. What a sorry state of affairs. As per today's budget you need not have agricultural land to earn agricultural income. In your posh flat on the topmost floor have some flower pot. Call it a nursery. You can have tax free income. Yes this is agricultural income as per today's budget whichis tax free. Probably you can also raise a loan for this if you have political clout. In all probability this will be written off if you wait till next elections. I do not know what the election commission is doing. Unbiased dialog is requ
RE:Farmers' debt waiver
by VIJAY PATIL on Feb 29, 2008 05:26 PM Permalink
Although it seems illogical it is very necessary since it is long pending issue. At the present situation finacially blocked farmer could not contribute to increase the productivity of his farm. Which is directly reflecting in the slow down in the agriculture and reduce the national income. Only thing is that to avoid further such crisis in future, financial institution should saction the loan and recover it in disciplined manner with specific guidelines.
RE:Farmers' debt waiver
by Pradeep Sangwan on Feb 29, 2008 05:02 PM Permalink
correct and above that have you heard any farmer crying against subsidy given on LPG and Petrol which is 90% consumed by so called tax payers. India seems to be a divided country where we donot respect needs of communities other than our`s.
RE:Farmers' debt waiver
by CHAGANTI PRASAD on Feb 29, 2008 07:35 PM Permalink
Iam very sorry to know that there are such idiots and brainless guys who doesn't know anything about farming.How many farmers do you think are earning an income that can be taxed?You go on to a field and work for a day and see how farming is like.In India most of the farmers who provide food for guys like you doesnt have the opportunity to have two meals, infact one meal a day. Do you think you are giving any alms to the farmers. Its your duty to look after the farmers who are equal to your mother who has fed you.
RE:Farmers' debt waiver
by Souvik Jana on Feb 29, 2008 05:18 PM Permalink
Man the condition of Farmer in India is very pathetic... Dont think that they are getting a regular salary like job sector people.... Go and see the conditions of farmers in Vidarbha, West Bengal, Andhra etc and u will be moved to see their conditions... The Indian Agriculture seriously need updations on technologies and farming methodologies so that the situation of farmer can be improved at core levels...
RE:Farmers' debt waiver
by shashank patil on Feb 29, 2008 05:51 PM Permalink
you can find crorepatti doctors,engineers,advocates,public servants,and also BAR BALLAS .but show one crorepatti farmer in india who has no other income from any other source
RE:Farmers' debt waiver
by don dicosta on Feb 29, 2008 07:22 PM Permalink
smokers are really helping thanks EVERY YEAR THE CIGARATES WERE INTRODUCED PEOPLE HAVE BEEN PAYING 800% MORE PER CIGARATES SO THAT PTHERS LIKE FARMERS LIVE HAPPILLY ATLEAST THA CIGARATES AND ALCHOL HAS MADE THE MAN DO GOOD THINGS,THANK U SMOKERS THANKS
