Highlights (from the above article)---
- Waiver of overdue interest: The waiver of interest would make farmers immediately eligible for fresh loans. The Centre and the State Governments would share this burden equally.
- Debt rescheduling: Rs. 1,296 crore of overdue loans as on June 30, 2006 would be rescheduled over a period of three to five years with a one-year moratorium.
- Increased credit flow: An additional credit flow of Rs. 1,275 crore in 2006-07 in the six districts.
- Rs. 2,177 crore for the completion of 524 major, medium and minor irrigation projects in these districts over the next three years. About 1.59 lakh hectares would be brought under irrigation.
- Rs. 180-crore Quality Seed Replacement Programme would be started so that the problem of good quality seeds was sorted out.
- The six districts would get Rs. 240 crore for watershed development, check dam construction and rainwater harvesting.
- Rs. 225 crore towards the National Horticulture Mission, which would cover all the six districts, including Buldhana, and the problems in orange cultivation would be addressed.
- A proposed programme costing Rs. 135 crore for improving cattle and fisheries activities---to reduce dependence on agriculture.
Now, the difficult part of implementing it!
The report also mentions the PM recognizing the need to move away from the focus on cash crops.
Also, there is mention of an experts group to look into the problem in totality. Wonder what happens to the reports prepared by the National Commission on Farmers.