Loan waivers for farmers

In the year 2008, loans which farmers had in banks were waived. The government paid towards the loans, so that the farmer is not pressurised. But this waiver helped the rich farmers and did not help the eligible farmers. Now, five years after, it is found out that the money did not reach those for whom it was meant for.The government had given Rupees 71000 crores so that farmer's debts can be waived. There were gross irregularities in 20% of the cases seen so far. Of the 90,0000 bank accounts seen so far, in 20,000 cases, benefits were given to ineligible beneficiaries. Some borrowers used the funds to buy jewellery. Sometimes the banks in view of attaining targets, allowed cheap loans to buy non-farm assets. Those who were responsible for not verifying or not certifying properly will be questioned. Many banks encouraged their customers to 'show' as if they were marginal farmers, to avail/claim the waiver of loans. They were reducing their farmed lands to show this.It is time for the truths to come out.What claims were made and for whom? Bank chairmen are now made to make a list of eligible persons for loan waivers.

The reason (for investigating this) is that, there is possibility of recovering benefits from the ineligible persons. We can find out who the real farmers who were denied loans or waivers and help them. Who are those officers who allowed fraudulent claims?

There is possibility that records were fudged, so that the rich farmers benefited more. With so many farmers committing suicide, it is about time we examined what are the irregularities and who are those denied benefits. So many farmers are selling their organs in their body( like kidney) in order to get free themselves of the loans. No matter how hard they try, they fall into deep debt traps.Farming is proving to be a profession which will not give profits. If more farmers opt out from farming, then how will people get food????Future is a question mark.