From: Ekambar Rao Kodali <ekambarrao@yahoo.com>
Subject: Farmer and Food sector of India in Jeopardy
To: join_mtc@googlegroups.com
Date: Saturday, September 8, 2012, 1:47 AM
Farmer and agriculture is in total Jeopardy. No, the fact is FOOD sector of India is in complete Jeopardy.
"Farmer completely lost confidence and sustainability". "Farmer must be saved". "Show Mercy at Farmer." "I will go to any extent until "farmer is saved" by Govt. of India".
Present days the above said are the frequently used phrases by all Political Parties and leaders.
Farmer – who usually being referred as "Food Donor" is today in trouble and is made as BEGGER for MONEY.
Farmer is trapped in the clutches of SYSTEMS OF MONEY - which need not be - a farmer IF decides not to depend on external world that runs on money then every one of us have to suffer for food.
There is no alternative for this.
First to be understood here is FARMER is not third party or second party but is our FOOD. We must recognize that we are talking about our FOOD and need to respect Farmer and stop the cheap tricks or activities of SAVING him/her. We are not doing any favor to him. We are saving ourselves. Every educated Indian is responsible for saving him and responsible for contributing to it.
As per MLAs statements in Andhra Pradesh State Assembly approx. 2, 00, 000 to 3, 00, 000 farmers committed suicide in this nation and many more every day. What for? for virtual money. MONEY/numbers those are not real but imaginary.
Farmers are committing suicides because of FEAR of MONEY. They are completely terrified by MONEY.
The major fact very clear from the economical policies of India is that between first world nations {who introduced the currency concept in this world} and India, "Currency Concept is not understood properly by Economists of India in India".
ECONOMY BY MONEY IS NOT UNDERSTOOD PROPERLY.
Every nation in the present world will have two economies. 1. Virtual Economy made and run by Money 2. Real Economy made by God.
Our Govt. and its CORRUPTED policies made Indians give more value to Virtual Issues, like Money, loans, agreements etc. but not for real LIVES of Farmers and Real losses of Agriculture.
One more very pity part is that the VIRTUAL systems in India are not COMPLETE but left over INCOMPLETE.
This is the reason why we are TIGHTLY bonded ourselves to VIRTUAL world made of MONEY and making suffer ourselves in our day to day life in our MONEY Matter issues.
Every Indian including Govt. of India has been losing a lot due to this INCOMPLETENESS in the VIRTUAL systems of India.
After looking at loss of so many lives and orphaning so many families for the sake of "virtual numbers" and looking at the present continuously spoiling sorrowful lives of farmers due to corrupted economic policies by SO CALLED economists of India, I am unable to resist myself from stating this here that they are clearly are not ECONOMISTS but ACCOUNTANTS.
Agriculture/weaving/fishery/dairy and any other food related professions belong to Real world Economy.
These are our fundamental professions without which we cannot survive. Any Indian in those professions will not have enough expertise or skill of understanding and the intelligence of dealing with MONEY matters effectively in this CONTINUOUSLY changing GLOBALIZED FINANCIAL world.
Individuals those are considered experts or specialized in Financial Matters also sometimes fail to handle some of the MONEY matters effectively in this complex financial world. In such case, how a poorly educated farmer can handle money matters efficiently or sufficiently.
If we go to the roots of the problem, one issue that is not being noticed by every one of us including financial experts is that Govt. of India and its financial experts FORCEFULLY dragged and trapped Farmers from the Real World economy into the complex financial world without NOTICE to farmers. This is an UNWANTED and INJUSTICE act towards farmers. Today farmers are suffering a lot only due to this TRAP made around the neck of Farmer.
In order to untie the knots or unwind loops made around the farmers, today there is every need to work on evolving means and ways those can keep these FUNDAMENTAL professions away from the clutches of financial matters.
The loops made around farmers must be put back as responsibilities on the shoulders of all those FINANCIAL experts of Govt. of India and Banks in India.
Responsibilities and commitments those are supposed to be on the shoulders of the FINANCIAL experts of Govt. of India and Banks are today forcefully placed on the shoulders of farmers. These responsibilities are at the size larger than farmers can bear.
This clearly reflects INEFFICIENCY and INCAPABILITY of Economic and Financial Experts of Govt. of India which includes from Manmohan Singh. 400 Crores relief given Manmohan Singh to farmers is also saying the same.
In order to save the farmer and our FOOD, we must do the following immediately.
Today the situation is as follows,
1. Banks are reluctant of giving loans to farmers because of insecurity of recovering of loans from debtor and his activities.
2. Farmers are not able to repay the loans because of loss of crop due to natural calamity, pest effects and price fall in the market.
The natural phenomenon that none of us can change even after so much of Scientific and Technical Advancement on the earth in human world, agriculture patterns will always be as per the Mother Nature. All Farmers get their yields all at one specified time defined by Mother Nature. The fact that we must keep in mind is every activity or matter that a Farmer handles or deals with never lies in his control any time. This includes Price of his product in the market.
So farmers should not be held responsible for any Financial Liabilities. Govt. and financial experts should take the responsibility of all liabilities of Farmers in the nation.
Today every real economy in every nation around the world is being driven by CURRENCY based virtual economy. Banks in currency based economies are FACILITATORS of Money flow. Unfortunately Due to lack of understanding of CURRENCY CONCEPT with SO CALLED Financial Experts of the nation of India, today banking is categorized and considered as BUSINESS in lieu of FACILITATOR and banks behaving more as FINANCIAL INSTITUTIONS instead of FACILITATORS of CURRENCY transactions.
Considering these fundamental facts and blunders and misunderstandings with respect to the situation,
In order save the food sector of the nation Govt. cater fund of Rs 2, 00, 000 Crores as Insurance reserve fund right away to secure food sector of India. This fund can be categorized from money rests with RBI under the category of CRR.
This is to protect both banks and farmers, food sector of India.
This insurance works as Debt Protection for banks and Debt Relief for farmers simultaneously.
This strengthens the confidence of Banks and would give loans to farmers. Instead of farmers, Banks will pay premiums to secure their loans given to these professions. The premiums paid by banks will be added up to this 2, 00, 000 Crores Insurance reserve fund.
Farmers should be kept away from Financial liabilities. His liability must be discounted and determined based on the statistical data yields.
For ex:
If a farmer is procured Rs 10, 000 loan for an acre paddy field.
If we consider maximum paddy yield per acre would be 2, 000 kgs and if the Kg paddy is calculated at Rs 10 per kg, means per acre farmer should get a gross return of Rs 20, 000.
After the crop, farmer liability should be "discounted" on average yields per acre in the area calculated against market price.
In case actual yield is only 1500 kgs per acre and now the market price is only Rs 8 per kg, the total now comes to farmer as Rs 12, 000. The total loss to farmer from actual is 40%. So the farmer loan should be discounted by 40% by banks and banks should recover their losses from the insurance pool of Govt. Also the Interest part of the farmer must be discounted accordingly.
Every loan of farmer must be TRUNCATED by the Mar 31st.
Govt. must work out on averaging the financial matters at the national level and should be kept away farmer from his financial liabilities.
Govt. must constitute a body that keeps on surveying the production yields of Agriculture around the nation after all natural calamities and pest effects. Govt. must declare YIELD ratio Max Vs Actual after all calamities by LOCALIZED VILLAGE Wise and make the farmer relieve from all liabilities by the end of the CROP SEASON.
These must be done immediately to regain confidence in the nation's fundamental sectors.Money is a USELESS concept when compared with food and life and all those are deal with them are USELESS fellows when compared with Farmer/weaver.
The above said may not completely solve the problems of farmers directly but rests responsibility of the financial matters more on the shoulders of the Financial Experts of Govt. of India and banks.
I am 200% sure this shift of responsibility will fix several other hidden blunders made by Indian Financial Experts due to which today INPUT cost of Farming is at unbearable levels to Farmers.
I urge everybody to send an appeal Govt. of India for starting this insurance scheme.
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