Yet to see light at the end of the tunnel...
It’s the right time to update the blog. What an un-happening week this has been so far? I had to leave Chennai, Drogba had to flick Tevez, Terry had to slip, they had to win the Champion’s League, Dhoni lets Dravid win and oh so obviously!!! So I guess it’s the right time to stop procrastinating and write about P. Sainath’s latest offering “Of loan waivers and tax waivers”.
Read it, re-read it and read it again. But there is something so incoherent about what Mr. Sainath wants to convey this time. Initially it’s more of a take-off on what he conveyed in his previous article. Then there is this dig at the BCCI and the IPL. Finally there is something to read and this explains why P. Sainath can keep his readers captivated. To witness a person campaigning for a cause done to death and yet bringing life to it; it is an inspirational factor of sorts. One minor glitch is the jibe at BCCI and IPL. To take a dig at someone and fuse it with the opinion on an issue is not easy and this jibe here only adds to the incoherence. It can certainly be done away with or discussed as a separate entity.
During the thought process on this write-up came one more piece of news – SBI won’t sanction anymore tractor loans to farmers. Clearly foreseen; obvious premonition! Why would a financial institution lend money when there are no signs to make profit out of that money or even break-even by way of regaining the money lent? What about all the money the government waived off for the farmers; was the reimbursed with interest to the banks? Was it even reimbursed, leave alone the interest? Though most of the banks are nationalized, they are individual units of business and they need to show profit too.
Based on the CAG report as present in the article, two things are clear. One, the government has not been very transparent and honest (Duh!) in the waiver process. Two, the reimbursement to the financial institutions have received similar treatment from the government. So all this makes the entire process, an obvious sham to profit the only bank they are really interested in: the vote-bank!
The very fact that statistics don’t lie and that suicides are actually increasing even after the waiver clearly indicates the failure of the waiver-scheme in more ways than one and also throws light on the life of the farmer sans the farms and the fields. The farmer has a family to support. Ailing elders, women of the household struggling to meet ends on a low budget, a society that respects a profession purely based on remuneration, intelligent sons and daughters who have to study further despite the rising costs resulting from commercialization of education, medication and so many more things. In a way, any average Indian is suffering from all this. But as clichéd as it may sound, our spirit will never let us down and we will continue to overcome these odds. However, we need to exercise the spirit with caution in order to stop letting the government taking advantage of the spirit by mistaking it to be our tolerance to all the hideous and mercenary schemes they intend to propose.
Labels: sainath agriculture india waiver
