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Farm loan waiver just palliative, not solution: NITI Aayog

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New Delhi, Dec 19 (IANS) On Congress chief Rahul Gandhi’s demand for loan waivers for farmers, NITI Aayog Vice Chairman Rajiv Kumar on Wednesday said farm loan waivers are just a palliative and not a long-term solution for the farming community.

However, he said short-term measures might be required in some states that are facing real farm distress. The Centre does not take a pan-India view on the issue as it would not be fair for farmers in states where the loan exposure is very less.

“Farm loan waiver is not a solution. It’s just a palliative. This is a state government prerogative whether they want to give the farm loan waivers, as agriculture is a state subject,” Kumar said on the sidelines of release of NITI Aayog’s “New India – 2022” strategic document.

“The states have to look into their own fiscal resources and go ahead with what they want to do. In states, where there is a genuine and real farm distress, some short-term measures would have to be taken. This is in that nature, it’s not a long- term solution for the farmers’ problem or for agricultural modernisation,” he said.

On the employment data that the NITI Aayog has been working on, he said the actual data on employment would be out in “a fraction of a year” after the Central Statistics Office (CSO) completes its household survey for both rural and urban employments.

As for the liquidity concerns in the economy and the possibility of rate cut by the Reserve Bank of India, Kumar said the current inflation figures, which are well below the target of four per cent, itself call for a rate cut to support liquidity and growth in the economy.

Further, on Prime Minister Narendra Modi’s announcement that 99 per cent items could soon see 18 per cent Goods and Services Tax (GST) or less, Kumar said: “About 97 per cent of the items are already at or below 18 per cent GST and as the taxbase widens and there is a revenue buoyancy, 99 per cent of items can come below 18 per cent tax, leaving only the non-merit items like cigarettes and alcohol in the above 18 per cent category.”

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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