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Monday, October 23, 2006

Farmer Suicides

1000 farmers in Maharastra commited suicide last year. What is the solution? Microcredit should be provided to them. Also private companies shouls come forward to insure the crops at a payment of reasonable affordable premium. Maybe ITC should take up the initiative for both the above solutions. Also better irrigation facilities shold be provided to the farmers. Those on the brink of extinction, loans for them should be wavered or repayment period extended. Also strong arm tactics should not be used aginst them by banks and money lenders. Farmers should be educated in using sophisticated technology for better yield and marketing their produces at best prices, for which again physical infrastructure like roads should be improved. It is noted that compared to 5% growth in the past decades , last year agriculture grew by just 2%.
"Pathetic state of affairs."

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