Struck by the agricultural crisis, the peasants of Maha are aiming high, requesting loans for a 5-star hotel and a helicopter!

By Quaid Najmi

Buldhana/Hingoli, Jun 18 (SocialNews.XYZ) With input costs rising and crops failing, farmers in Maharashtra are now exploring alternative avenues to earn extra cash and, perhaps even become wealthy locals.


This week, two marginal farmers caught the eye for pitching their ambitious but bizarre ventures to achieve prosperity.

They are Kailas Ramrao Patange, 22, from Taktoda village in Hingoli and Shuham Ingle, 30, from Changefal village in Buldhana, two predominantly agricultural areas which are affected by the current agrarian crisis which is affecting different parts of State.

Ingle applied for a loan of Rs 11 crore – Rs 5.50 crore each from State Bank of India (SBI) and Bank of India (BoI) in Sangrampur – to build a dream five-star hotel on his small farm , while Patange applied for a loan of Rs 6.65 crore from SBI, Goregam, to buy his dream helicopter.

The duo submitted their simple and straightforward loan applications in Marathi – Ingle’s is typed, while Patange’s is hand-scribbled – to their respective bank branch managers, creating a waver.

Coming from a family that has been farming the land for three generations, Ingle felt that despite working day and night in the fields, he has not been able to improve his lot and that of his family for 15 years. .

“After working so hard for 20 hours a day, I am barely able to make ends meet and can barely afford to provide more than the necessities of life for my family. That’s why I thought to this project to build a five-star hotel on my farmland,” Ingle said.

The refrain was similar for Patange, who has been working on her 2-acre farm for more than five years but has found little to no profit from farming.

“With my friend Chetan Sawke and advice from a few others, we decided to launch a helicopter rental service which is slowly gaining popularity,” Patange told IANS.

The Ingle-Patange duo lamented that despite total dedication to their traditional vocation, they were repeatedly hit by poor harvests, erratic weather, high raw material costs and very low profits, forcing them to consider to change paths to lead their lives on the right track.

Patange said he plans to rent his helicopter to various wealthy people, companies, weddings and other events, and repay his bank loan from the proceeds.

Ingle plans to make hay while the sun is shining and explained how “fancy and five-star hotels are the haunts of politicians”, which will bring him huge profits and help pay off the bank loan.

“These days, politicians from Gram Panchayat level to Parliament favor luxury hotels and stars for various reasons. I also see great revenue potential in Buldhana, in addition to tourists and business travellers” , Ingle said.

However, the two frankly confessed that they had no idea how to launch their business – a five-star hotel or a helicopter rental service – and said confidently that they would hire experts after have obtained their bank loans.

They also admitted that their small plots of land may not be “adequate security” for the amount of their loans, but are optimistic that banks will consider their cases sympathetically.

So far, at least one bank manager has called Ingle’s proposal “impossible”, but he would study it and pass it on to higher authorities.

“These are great proposals for our rural bank branches. Also required is a proper project report by experts, business plans, profitability, repayment details, etc., none of which are available yet,” said another bank official in a resigned voice. .

However, neither Ingle nor Patange are discouraged by the cynics and said they would visit their banks again next week to check on the status of their loan applications.

Whether the banks entertain them or not, for now, the two young ryots have become local celebrities for their bravery and bravery in thinking of such publicity ventures and approaching banks for funding.

(Quaid Najmi can be contacted at: [email protected])

Source: IANS

Struck by the agricultural crisis, the peasants of Maha are aiming high, requesting loans for a 5-star hotel and a helicopter!

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