Acknowledging the unanimous voice on the issue, Finance Minister Arun Jaitley said the government would act "with  compassion and without going into technicalities" of the matter.

Jaitley added the government has full sympathy with the farmers in this hour of natural crisis and the Centre would take all possible steps.

Finance Minister informed the House that the Agriculture Minister has constituted separate teams for each state to assess the losses and all the three Ministers have started visiting the affected states from Thursday.

His remarks came after Opposition Congress, BSP, JD-U and CPI(M) demanded that the Centre should immediately announce financial assistance, assess the extent of damage to crops and
wave interest on loans of distressed farmers.

K C Tyagi (JD-U), who initiated the discussion, said though crops worth Rs 22,000 crore has been lost in the natural fury, the insurance companies were assessing crop loss at no more than Rs 1,000 crore.

Former Agriculture Minister Sharad Pawar (NCP) spoke at length on the damage to crops from drought, unseasonal rain and hailstorm and asked Centre to chip in with more help and waive short-term loans particularly crop loan as well as the interest on loans for purchase of agriculture equipments.

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