Wednesday, December 3, 2008

THE REAL STORY OF LOAN WAIVING OF FARMERS

This is a story published in Business Standard recently on 14 Nov, which explains how Indian Farmers are made fool by the money - lenders and Bank Managers in some part of UP.After coming out of the article by Vishnu Pandey in the newspaper the manager is absconding and police is working on it as usual .
This story says that why not only loan waiver scheme has failed to work for the poor farmers but also it is working against them .Although they fall in the bracet of loan -waiving scheme but manager is not giving them any benifit. There is a nexus between bank- manager and money-lender.This is our great India where corruption is a way of life.

No comments: