No new loan waiver plan

The government on Monday said it was not in a position to undertake any new responsibility by way of another loan waiver scheme for farmers as the priority before it was to implement the Rs. 60,000-crore scheme announced during the budget. Replying to supplementaries during the question hour in the Lok Sabha, Agriculture Minister Sharad Pawar said the immediate task was to fulfil the commitment made to small and marginal farmers. "Let us implement the loan waiver scheme first and see the results before initiating any new scheme.'