FARMERS' RELIEF

Loan Write Off
Mar 12 2008 Views 14 Comments (0) Leave a Comment
A big relief to the farmers for unloading their Burden of Loan amounting to Rs.60,000/ crores all over the Country!. Now on an analysis of the whole system of Loan to different farmers -Small & big cultivators- in different stats of the country, has there ben any counter check onthe correct utilization of the BIG MONEY received for the specific purpose?. According to me lot of loop holes are bound to happen in this Happy Go Loan processing, by the Banks and other agencies.I may not narrate them.Lot of wasteful expenditure will result in the final disposal of the huge money under this scheme.

To avoid possible miss use of the money for purposes, other than the intended use, I have the following suggesion:-

Study the requirements of Each Farmer and then adequately support him with necessay Equipments, Seeds, manure, Sufficient water supply, pumping sets etc, including the Infrastructural facilities.Also monitor the needs of each of them , to help cultivate the selected crops/cultivation suitable for the particular area he intends to do. The Land if not available, also to be made available to them on Lease or otherwise.

This sort of utilization of Public Money will serve the Purpose of the Government.That is Help the Farmers with KINDS and NOT with CASH

Abraham Mangalath Philip
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