Though welcome step, not permanent solution

Image
Press Trust of India Coimbatore
Last Updated : May 23 2016 | 6:13 PM IST
The Federation of Tamil Nadu Agriculturists Association (FTAA) today welcomed the waiver of agricultural loans as announced by Jayalalithaa immediately after assuming charge as Chief Minsiter.
Though farmers welcomed the move, it was only a temporary solution and not a permanent one to their problem, who face financial burden and indebtedness year after year, due to non-remunerative prices for their produce, FTAA secretary, S Nallasamy said.
Despite DMK government waiving the loans some 10 years ago, the farmers were still facing the financial problems and the only and permanent solution was to implement M S Swaminathan Committee recommendations by fixing Minimum Supprot Prices for the produce, he said.
The AIADMK, with 37 MPs should exert pressure on the Centre for the implementation of the recommendations, by which farmers can lead decent livelihood, +without being a beggar every year,+ he said.
Nallasamy also welcomed the step taken by Jayalalaithaa for the implementation of total prohibition in a phased manner.
However, the Government was silent on the issue of toddy, even as Kerala, despite continuing early government's liquor policy, continue with toddy, he said.
Meanwhile, Kongunadu Jananayaka Katchi, an ally of BJP in the last elections, also welcomed the waiver of agriculture loans.
The party wanted the Government to take steps for waiving loans taken by farmers from Nationalised Banks, its founder coordiantor, G K Nagaraj said.
Welcoming free 750 units for weaver, Nagaraj also said that the Government as promised should take steps to implement Avanashi Athikadavu project.
*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: May 23 2016 | 6:13 PM IST

Next Story