Online edition of India's National Newspaper
Wednesday, Mar 26, 2008
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Online edition of India's National Newspaper Wednesday, Mar 26, 2008 ePaper | Mobile/PDA Version |
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Tamil Nadu
Farmers carry on cultivation on leased lands
Lease agreements are more informal ERODE: Tapioca farmers in Kadambur Hills, who suffer at the hands of moneylenders, have failed or rather are constrained to access institutional credit because of not possessing pucca land records. The condition came to light when the district administration sent an Erode District Central Cooperative Bank officer to study the issue. The move followed reports that the moneylenders preyed upon the gullible farmers and threatened to take away lands. The officer, who met the farmers on Monday, said that a good number of farmers did not possess lands in their names and that the land records were in their fathers’ or grandfathers’ names. The second reason, according to the officer, was that a considerable number of farmers carried on cultivation on leased lands and that the lease agreements were more informal. S.C. Natarajan of NGO Sudar, who has been working in the hills, said around 30 per cent of the 4,500 farmer families in the hills cultivated on leased lands. In the absence of lands in their names and a formal agreement with land owners in case of land lease, the farmers failed to access institutional credit, the officer said. Given the circumstances, the Primary Agriculture Cooperative Bank at Erettipalayam in the Kadambur Hills had in 2007-08 serviced only 187 farmers. Of the Rs. 43 lakh the bank had lent, Rs. 32.80 lakh had been given to tapioca farmers. To address the issue, Collector T. Udhayachandran has asked the Bank to explore possibilities of financing the farmers. As per the suggestion, the officer said the PACB had begun the task of enrolling those farmers as members whose land records were clean. The member-farmers, under the Kisan Credit Card scheme, would get Rs. 6,000 an acre for dry land agriculture and Rs. 10,500 an acre for wet land agriculture at six per cent interest with an interest remission of two per cent if the farmers repaid the loan with in the due date. As far those farmers whose land records were not straight, the district administration would address the issue. As per estimate, tapioca farmers who cultivated the tuber on 3,000 acres would require about Rs. 1.80 crore. The PACB would try to service a part of that loan, leaving the rest for the State Bank of India, Kadambur.
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