...
...
Next Story

Sonia hints at wider relief net

Addressing a farmers’ rally in Sangli, Gandhi admits the Rs 60,000 crore loan waiver announced in the Budget would not benefit certain sections among farmers reports Satyajit Joshi.

Updated on: Mar 18, 2008 04:32 AM IST
Hindustan Times | By , Sangli
Advertisement

Congress President Sonia Gandhi on Monday hinted that the United Progressive Alliance government at the Centre could lift the eligibility limit of two hectares or less of land holding for waiver of loans taken by farmers from formal credit institutions.

HT Image
HT Image

Addressing a massive farmers’ rally in Sangli, a bastion of party ally Nationalist Congress Party, Gandhi admitted the Rs 60,000 crore loan waiver announced in the Union Budget would not benefit certain sections among farmers.

“I am well aware that farmers from Vidarbha and Marathwada regions will not benefit. This issue was raised in the Parliament by members of Parliament, including Rahul Gandhi,” the United Progressive Alliance chairperson said. “Let me assure you that we will soon take steps in this direction. I will personally talk to the Prime Minister.”

In Vidarbha, the average land holding is much more than 2 hectares, and mostly non-irrigated.

Gandhi’s rallies in Osmanabad in Marathwada and Sangli in western Maharashtra were being looked forward to in state political circles as these were to be her first public speeches outside Delhi since the announcement of the biggest ever farm loan waiver in Indian history.

Following the Budget announcement, the Hindustan Times had reported the waiver would not help Vidarbha farmers as only five per cent of the allotted amount would be used in the suicide belt. If the land holding limit were to be extended to 5 hectares, about 2.5 lakh more cotton growers would be benefited, say analysts.

Gandhi’s rally was also organised against the backdrop of a series of Nationalist Congress Party farmer rallies all over the state.

 
ABOUT THE AUTHOR
Satyajit Joshi

Satyajit Joshi has been in the profession for over three decades based in Pune. He has reported extensively on Western Maharashtra. And has also covered various political and social issues.

Check India news real-time updates, latest news on Hindustan Times and more across India.
Check India news real-time updates, latest news on Hindustan Times and more across India.
SHARE THIS ARTICLE ON