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CIFA |
2009 PARLIAMENT ELECTIONS
FARMERS OF INDIA-VOTE WITH WISDOM
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DEMANDS
To rectify the injustice done to small farmers and weaker sections by banks during liberalization process 2009 |
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1) Diluting the objective of credit to priority sectors. Loans up to Rs.25,000/- to small & weaker sections farmers are reduced by Banks and rich farmers and large agro trading are given more loans. |
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A) The number of small loans to farmers reduced by 90 lakhs. |
No. of year |
A/c in lakhs A/cs |
1992-93 |
267 |
2005-06 |
178** |
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B) The amount of loans to small farmers is reduced drastically. |
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No. of A/cs |
Amount (in crores) |
Small loans unto Rs.25,000 |
1.78,00,000 |
22,979 |
Loans Rs.1 crore and above |
7,300 |
50,969 |
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C) % of Decline in small loans to farmers (Rs.25,000/- loan). |
1985 |
1990 |
1995 |
2003 |
2007 |
50% |
59% |
52% |
24% |
11% |
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D) Loans to non-agri sectors increased by Rs.1,12,000 crores but loans to Agriculture reduced by Rs.11,000 crores (April – August 2008) |
2. Changing the definition of Agri finance. |
 Loans to Corporate and Partnerships firms are shown as direct finance.
Large Warehousing and pledge loans are included –
Loans to Electricity Board are included.
Loans to State Corporations are included.
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WHAT FARMERS DEMAND FROM BANKS
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- Sanction fresh loans to farmers whose loans are waived.
- Sanction debt swaps to take over loans taken by farmers from money lenders.
- Publish monthly data on new farm loans given by each Bank from April 2008.
- Publish monthly data on loans to tenant farmers/oral lessees.
- Don’t ask for no-dues Certificate. Accept self declaration by farmers as per R.B.I instructions.
Don’t ask for collateral security loans up to Rs.50,000/-. Sanction loans as per scales for finance fixed.
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| Published by: |
| Mr. Basavaraj Tambake, Chairman & |
P. Chengal Reddy, Secretary General |
| Consortium of Indian Farmers Associations (CIFA) |
8/32, South Patel Nagar, New Delhi |
| Ph: 011 25842111, Fax: 011 25842123 |
| Email: cifa_delhi@yahoo.com |
Web: www.indianfarmers.org |
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State / Local Farmers Associations |
President Name & Address & Telephone Etc. |
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