Govt prioritising projects in farmer suicide regions: Mahajan

Image
Press Trust of India Thane
Last Updated : Jan 13 2017 | 12:28 PM IST
Maharashtra Water Resources Minister Girish Mahajan has said that the state government has directed its efforts to complete maximum number of projects scheduled in farmer suicide prone regions of Marathwada and Vidarbha in the state.
Speaking to PTI on the sidelines of of the BJP state executive here yesterday, the minister said the government has decided to take up projects in these regions on priority and finish them so as to provide relief to farmers.
He also said that the state owes around Rs 4,800 crore towards land acquired from farmers for various irrigation projects in the state.
"For more than three generations this amount is pending for payment with interest, and in some cases farmers do not get their payment during their life time. To change this situation the government has come out with bonds for Rs 15,000 crore at 7-8 per cent interest. From these bonds Rs 5,000 crore would be allocated for wiping out pending payments," he said.
This will have dual benefits-- one the farmers will get their long pending money-- and second the government will save 50 per cent of the interest payout, Mahajan added.
He was also of the opinion that Surya hydroelectric project should move fast as the western belt was facing acute water shortage due to fast urbanisation.
On Barvi dam, the minister said there were numerous issues to tackle apart from increase in height and "we are in the process of solving the water needs of cities and towns dependent on it.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 13 2017 | 12:28 PM IST

Next Story