Tuesday, November 15, 2011

Indian agriculture

So much is said about the present pathetic conditions of indian agriculture, but nothing is done effectively to save it. Huge monies are being allocated in the Govt. Plans. But the farmers sufferings continue unabated. Most of the farm lands are getting out of agriculture either by land grabbing by realters or sold out by the farmers themselves as they cannot continue their farming activity.
In such a big country why there is no one to address the problem.
Govt thinks it is enough if the funds are allotted and got spent. It is not bothered whether it has reached the needy. At last it will trumpet it's achievement by it's statistics.
Banks which play a major role in uplifting the agriculture is satisfied with giving only loan against gold ornaments to agriculturists. Various schemes of farm credit being announced are only in the paper. The people manning bank branches who have to really deliver the goods to farm sector are averse to extend any credit to the farmer under the guise that it will become NPA immediately. But they are ready to give thousands of crores to Vijay Mallya and hang behind him for years to recover. A farmer who wants money to raise food grains for the society has to mortgage his wife's manga sutra for a bank loan. Since jewel loan to agriculture is considered as lending to farm sector under RBI norms banks simply restrict credit to farm sector with agriculture jewel loan and show the statistics to Govt and RBI, who close their eyes and be happy with the statistics.

Reeve Bank of India who monitors the performance of banks does not want to go deep into it and stops with checking the prescribed 18%of total advances going to priority sector but not with the real performance.

Hence the farmer gets nothing and his woes continue to take his life. There so many big people in this country. But why no one is taking
fruitful steps in this area? What our next generation is going to eat? If sufficient food grains are not there what will they eat? Will here be any
alternates be invented ? WEREVGO?

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