Modi to seek Rs 4,000 crore from WB as Maha CM seeks drought relief


Mumbai, May 8 (TOI): Prime Minister Narendra Modi has assured CM Devendra Fadnavis that he will recommend a Rs 4000 crore proposal to the World Bank(WB) for making 5000 villages drought-free and enhance agriculture credit, crop insurance and financial assistance for irrigation projects in suicide and drought prone areas in Vidarbha and Marathwada.

"It was a very positive interaction with the Prime Minister.We made a presentation on the worst ever drought situation and presented the status of ongoing irrigation projects in suicide and drought prone areas.We are sure, the PM will come to our rescue," Fadnavis said.

Accompanied by a battery of high-ranking bureaucrats led by chief secretary Swadheen Kshatriya, Fadnavis made a presentation before the PM on the measures taken by his government to tackle drought.

On his government's intervention in 14 suicide-prone districts, Fadnavis said all farmer families are being provided wheat at Rs 2 and rice at Rs 3, nearly 5.7 lakh persons have been provided works under the emp loyment guarantee scheme, examination and tuition fees have been waived. "Under the ex isting insurance scheme, only 40% of the farmers are covered, we have urged the PM to enhance the coverage to 80% so that maximum number of farmers are eligible for the benefit," he said.

On additional agriculture credit and restructuring of crop loans, Fadnavis said that out of 136.43 lakh farmers in the state, 58.48 lakh farmers received loans in 2015, out of which 31.27 lakh were defaulters. "If the state has to cover 80 per cent farmers, additional first time 20 lakh farmer will have to be covered. For that, we require approval of additional credit plan of Rs15,000 crore in 2016-17.We will have to restructure the loans to make 4.33 lakh farmers eligible for fresh loans," he said.

Fadnavis has sought a special financial assistance of Rs 7187 crore for completing132 ongoing irrigation projects in 14 suicide-prone districts in Vidarbha and Marathwada for creation of 2.18 lakh hectare of irrigation potential. In addition, Rs 2,500 crore will be required for urgent completion of critical irrigation projects in drought-prone areas. "If funds are available, we will complete the projects in 3 years," he said.

  

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Comment on this article

  • LNT, Mumbai

    Tue, May 10 2016

    Bhashan mein ration nahin badthehein Modiji

    DisAgree Agree [1] Reply Report Abuse

  • Orton, Mangalore

    Tue, May 10 2016

    Modiji,
    knock the doors of Ambani and Adani
    Bahut loot liya
    Ab wapas lene ka waqt aaya

    DisAgree Agree [2] Reply Report Abuse

  • Charles D'Mello, Pangala

    Mon, May 09 2016

    In such drought situation common people suffer for life and these politicians make their life for forever....!!!!????

    DisAgree Agree [2] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sun, May 08 2016

    Country is reeling in Drought. Stop all this International Tours ...

    DisAgree [4] Agree [27] Reply Report Abuse

  • A. S. Mathew, U.S.A.

    Tue, May 10 2016

    Mr. Modi has to see the WB officials face to face to take the loan of Rs. 4000 crore. He delivered a very bewildering political rhetoric in Kerala about the big debt of the State and the chronic disorder in Kerala which can be solved if BJP is elected into power. But, he is hiding the national debt-declining export-lack of jobs-declining FDI etc, now seeking the help from the World Bank. When the unrealistic pipedream political rhetoric will have a solid braking system?

    DisAgree Agree [2] Reply Report Abuse

  • Lydia Lobo, Kadri

    Sun, May 08 2016

    Abandon the 100% rise in MP's pay, utilize that amount for drought relief ! Don't burden common man more with added loan from world body !

    DisAgree [2] Agree [26] Reply Report Abuse

  • Ram Shetty, Mangalore/Mumbai

    Sun, May 08 2016

    Why borrow money from WV ? Where is our money? Trying to put burden on India all this money will go in you guys fund.

    DisAgree [2] Agree [37] Reply Report Abuse

  • A. S. Mathew, U.S.A.

    Tue, May 10 2016

    Dear Friend, the CM of Maharastra will be going to the Supreme court of India to appeal the decision of the HC of Maharastra that beef can be imported. It seems like the CM might have moisture drought syndrome in his brain system now.

    DisAgree Agree [2] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Sun, May 08 2016

    He didn't had time to reach to farmers and to attend drought situations. So much busy and spent enormous money for his luxurious world tours from our tax paid money.

    DisAgree [3] Agree [34] Reply Report Abuse


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Title: Modi to seek Rs 4,000 crore from WB as Maha CM seeks drought relief



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