Former Pakistan agriculture minister praises Indian loan waiver

March 5th, 2008 - 5:06 pm ICT by admin  

A file-photo of P. Chidambaram

New Delhi, March 5 (IANS) The Rs.600 billion farm loan waiver announced by Finance Minister P. Chidambaram is unprecedented and relief of this magnitude has never been given in Pakistan, former Pakistani agriculture minister Amir Mohammad said here Wednesday. “The Rs.600 billion loan waiver to farmers by the government of India is unprecedented and encouraging. Our government does give relief from time to time but I do not remember any relief of this magnitude,” he told reporters.

Mohammad is here to attend a conference of South Asian Association for Regional Cooperation (SAARC) countries on science based agricultural transformation towards alleviation of hunger and poverty.

He said: “There is a need of greater cooperation among SAARC countries to address the problems of farmers.”

About the return of democracy to Pakistan after the recent elections, Mohammad expressed the hope that the new government of Pakistan will take care of the needs of farmers.

Tags: , , , , , , , , , , , , , , , , , , ,

Posted in South Asia |