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Union Budget: Hike in kisan credit card loan limit cruel joke, say farmers

The farming community has felt totally ignored in the Union Budget announced on Saturday. Farmers have termed the increase of kisan credit card loan limit to Rs 5 lakh from Rs 3 lakh as a ‘cruel joke’. HS Lakhowal, president...
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The farming community has felt totally ignored in the Union Budget announced on Saturday. Farmers have termed the increase of kisan credit card loan limit to Rs 5 lakh from Rs 3 lakh as a ‘cruel joke’.

HS Lakhowal, president of Bharti Kisan Union (Lakhowal) said instead of waiving off loans of farmers, the Centre was announcing increase in the credit limit of Kisan Credit Card loan.

“Farmers are already neck deep in loan and they should be taken out of this web. The government has neither announced the MSP on crops nor any package announced for the farming community of the state. The government, as usual, has given a step-motherly treatment to Punjab,” he said.

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Harmeet Singh Kadian, president of Bharti Kisan Union (Kadiyan) said the government should adopt a progressive approach towards agriculture but sadly nothing was announced for research and development in agriculture.

“Announcement was made to launch Mission for Aatmanirbharta in pulses with special focus on tur, urad and masoor to improve domestic pulses production but no separate budget has been kept for the mission. We were expecting announcement of agro processing unit in the state which could have help uplift farmers but to our disappointment no such announcement was made,” he said.

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He said increasing the kisan credit card loan limit to Rs 5 lakh is so meagre. “The limit should have been increased to Rs 10 lakh. If a farmer wants to buy some machinery for stubble management or otherwise, at least Rs 10 lakh limit is required,” he said.

Another farmer, Sukhwinder, from Khanna said the government never pays attention to farmers’ demands. “No MSP for any crop was announced and no package was given for Punjab farmers. The growers are already reeling under debt and they need to be taken out from the cycle of wheat and paddy. Emphasis should be laid on agro processing for development of the community,” he said.

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