The Federation of Farmers Association and Sugarcane Cultivators Association have demanded a waiver on repayment of agricultural loan availed by the farmers.
Kurubur Shanthakumar, president of the sugarcane cultivators association said here on Saturday, December 2, that the farmers were in distress either due to flood or drought for the last three years and were suffering crop loss and financial distress. While the government waives off industrial loans by classifying them as Non-Performing Asset or NPA, the farmers are pressurised to repay in full, said Mr. Shanthakumar.
He said the issue will also be raised at the World Farmers Day to be celebrated in Bengaluru on December 23. There will be a mega convention of farmers from across the country and both the Centre and the State Governments would be issued an ultimatum to meet the farmers demand for higher procurement price etc.
