Monday, February 18, 2008

A mature and civilised nation must cherish its agriculture and protect its farmers

‘Small farmers must get their share of credit’

In agriculture, there is an unfinished agenda for the Finance Minister, says Mr B. Yerram Raju, Director (Projects and Research) in Development & Research Services (P) Ltd, Hyderabad.
“Small and marginal farmers particularly in the drought-prone areas still access only private debt. The flow of agricultural credit is concentrated only in 11 States,” he adds, during the course of an e-mail exchange with Business Line.
Although the National Commission on Agriculture (NCA) recommended credit at low rate of interest, we find the large farmers turning to money lending as a more viable profession than farming, rues Mr Raju.

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