The numbers tell a different story. And, given the detrimental impact on credit discipline, not to mention the hole such waivers are going to blow in state budgets, politicians would be wise to rethink their plans.
On the Mimimum Support Price as prescribed by the Swaminathan Committee, the government said the Centre has already committed this. Their concerns on water conservation projects and the Nar-Par and Damanganga and Girnar river-linking projects were also taken into account.
In Marathwada’s worst-hit districts of Beed, Osmanabad and Latur, households now have an uncompromising priority list of expenses as an economy hit by years of near-total crop failure goes into a tailspin.
Amid slowing growth in the countrys most industrialised state and the prospect of an acute farm crisis,Maharashtras Deputy Chief Minister and Finance Minister Ajit Pawar presented his Budget estimates for the state for 2012-13