Friday, December 18, 2009

The Maoists have announced a loan waiver......


Farmers in West Midnapore district of West Bengal may not have to repay their crop loans. The Maoists have announced a waiver. This is the first time the rebel group has announced such a decision. “Several peasants who took crop loans over the last two years have suffered losses. So, we have decided that they don’t have to pay back their loans,” said Koteshwar Rao, alias Kishenji, member of the banned Communist Party of India (Maoist)....Read full story


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