Kishan Morcha for agri loan waiver, interest-free credit

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The Bharatiya Kishan Morcha on Friday held demonstrations before the district Collectorates across the State and submitted memorandums to the Collectors demanding  waiver of  loans to farmers and providing interest-free agricultural loans. 

The Morcha said the Chief Minister has announced that his Government is considering loan waiver. On the other hand, Agriculture Minister Damodar Rout has said in public that the loans are not reaching the beneficiaries and opposed loan waiver.

Keeping in the view the problems plaguing agriculture and thee farmers, the Governments of Uttar Pradesh, Maharashtra, Madhya Pradesh and Karnataka have announced of waiving agricultural loans. Meanwhile, the Central Government has announced four percent more subsidy on agricultural loans.

The BJD spokespersons at various times stated that due to waiving of agricultural loans in Uttar Pradesh, there have been cut in the Budget in other sectors in that State. From this the BJD’s attitude is clear that they would not waive off loans, the Morcha said.

It further said for the benefit of farmers waiving of loans and getting of interest loans is a priority for the farmers of the State, for which the Morcha held the demonstration. Hundreds of protestors laid by Kishan Morcha national vice president Mahesh Sahu and other leaders held demonstrations before the Collectorates and submitted memorandums.

Daily Pioneer
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