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Farmers? dharna for interest waiver

FARMERS? ORGANIZATIONS, led by MLA and founder president of Kisan Sangharsh Samiti Dr Sunilam, would stage dharna from February 20 at the Tin Shed in the capital to press for their demand for the waiver of interest on the loans taken by farmers for the lift irrigation project and facility for loan repayment in installments.

india Updated: Feb 20, 2006 11:13 IST

FARMERS’ ORGANIZATIONS, led by MLA and founder president of Kisan Sangharsh Samiti Dr Sunilam, would stage dharna from February 20 at the Tin Shed in the capital to press for their demand for the waiver of interest on the loans taken by farmers for the lift irrigation project and facility for loan repayment in installments.

The organizations that would be jointly holding the dharna include the Kisan Sangharsh Samiti, Kisan Panchayat, Disha Kisan Sangathan, Lok Jagriti Sangathan and others. The organizations are also demanding that the farmers facing financial problems should be provided fresh loans.

A press release by Dr Sunilam said that according to a recent survey, a number of farmers in state are encumbered by huge loans situations and the monthly income of most of them is Rs 500 per month. Owing to the continuously rising cost of inputs, decreasing selling rates and rising power costs, the losses suffered by farmers are mounting and this situation is aggravated by natural calamities like flood, drought, hailstorm and others.

As they do not get proper compensation, the farmers are facing serious financial problems. They had taken loan of Rs 50,000 for the lift irrigation scheme but they are not getting any water. On other hand the loan amount is increasing as they are not able to pay interest or return the capital.

Delegations of farmers’ organizations would meet the Governor, Chief Minister and Cooperatives Minister to demand the interest waiver and put across the condition of farmers before them.

First Published: Feb 20, 2006 11:13 IST