Only Rs 20,000 waived from Rs 2.30 lakh loan, farmer indifferent

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NitinPatil Posted: Jul 03, 2008 at 2330 hrs IST

Pune The atmosphere was not exactly buzzing with excitement on Monday in Koregaon Bhima in Pune district. It was the last day for banks to declare the names of those who qualified for the Rs 71,000-crore loan waiver, but drew a lukewarm response from most farmers.

Shivaji Dabhade, 50, didn’t believe the grant would alleviate his problems significantly. Although he had taken an agricultural loan of Rs 2. 30 lakh, only Rs 20,000 was waived.

“I had been repaying the loan regularly despite my family problems, and what I have received cannot be termed a big help. Still, it has provided some relief.”

On the other hand, Alka Ghavate, 40, who grows sugarcane and onions on her farm expressed wider concerns.

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Only Rs 20,000 waived from Rs 2.30 lakh loan, farmer indifferent

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