Bihar Government must give debt to farmers without interest

Union Agriculture Minister Radha Mohan Singh says that Government of Bihar should work by preparing blueprint for Government schemes
Bihar Government must give debt to farmers without interest

Union Agriculture Minister Radha Mohan Singh today said that Central Government has started a number of schemes for the welfare of farmers and agricultural sector and the Government of Bihar should avail these schemes.

Addressing a Conference on “Role of Cooperatives in the composite formation and growth of Bihar,” organised by Bihar Cooperative Development Coordination Committee in Patna today, Singh said that the state Government is supposed to impart relief regarding the agricultural debt on the farmers. “The farmers of Bihar are bestowed debt with the 7 percent interest out of this 3 percent interest relief is extended by Government of India. If Government of Bihar desires the farmers thereof may enjoy interest free debt the Government of Bihar is expected to provide debt to the farmers on 4 percent debt relief interest like those of Madhya Pradesh, Chhattisgarh, Gujarat and Maharashtra, etc. so as to be set free from the clutches of interest as a whole in agricultural sector,” he added.

Singh said that the Centre has requested to the State to have their respective rules and regulations framed regarding agricultural sector. They are supposed to enforce these rules and regulations with the assistance of Ministry of Agriculture and other central institutions concerned,” he added.

Agriculture is a subject of State therefore without the assistance of the State the development of agriculture sector cannot be paved. The Agriculture Minister said, “Therefore I request the Government of Bihar that they should work altogether while making a blue print for agriculture related schemes so that new innovations may be find out for sorting out the difficulty coming in the way of agricultural growth.”

The Central Government has extended financial assistance to the cooperatives of Bihar through NABARD. According to the survey of National Sample Survey Organization 46 percent farmers households are groaning under the huge pressure of debt which have been sought from various organizations and its percentage in the context of Bihar is 49.99 percent. There is pretty enough imbalance regarding the availability of agricultural debt to the various regions of Bihar and all eastern states. There is also imbalance regarding the agricultural debt to be given to the marginal and big farmers.

Singh said that Bihar is being given Rs 149 crore for Dairy Cooperatives, Rs 51.05 crore for ICDP, Rs 12.5 crore for Cold Storage Cooperatives and Rs 28.10 crore for the societies related to marketing and as a whole a sum of Rs 240.80 crore has been granted to the state of Bihar during the year 2015-16 through National Cooperative Development Cooperation for the development of agricultural sector and livestock.

Singh said that today Indian cooperative campaign has encompassed the global scenario. 

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