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Too late too little - Indian farmers cry - Prime Minister Manmohan Singh on Saturday announced several incentives for the six worst drought-hit districts of Maharashtra
Media Release
Jul. 1, 2006

Prime Minister Manmohan Singh on Saturday announced several incentives for the six worst drought-hit districts of Maharashtra including waiver of Rs 712 crore overdue interest and rescheduling of Rs 1,300 crore agricultural credit over 3-5 years with one year moratorium.
The government would also set up an expert group in the next few days to look into the problem of rural indebtedness in its totality, he told reporters after visiting the drought hit areas of Vidharbha.
The group is expected to submit its report with three months, he said, adding that based on the recommendations, the government will take effective measures to deal with problems of farming community.
The six districts are Amaravati, Akola, Washim, Buldhana, Yavatmal and Wardha.
Prime Minister also announced an additional flow of Rs 1,275 crore agriculture credit for 2006-07 for the six affected areas and special teams would be deputed from NABARD for the purpose.
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