Submit :
News                      Photos                     Just In                     Debate Topic                     Latest News                    Articles                    Local News                    Blog Posts                     Pictures                    Reviews                    Recipes                    
  
Andhra farmers in trouble as state govt fails to provide them crop loan relief
Farmers in Andhra Pradesh are facing hardships as they do not know, now where to go for the financial assistance to sow their seeds. Banks are denying loans as farmers have not paid the earlier ones. Now they are in cross roads where to go and how to revive their agriculture as the monsoon may arrive any time.

A rope of 'crop loan waiver' is tightening noose around computer savvy Chandrababu Naidu's neck. His constituted committee under the leadership of former NABARD Chairman Kotaiah also almost has got down its hands. In fact the committee has to submit its interim report on Sunday but it could not.

The committee, which is exploring the ways to get out of the problem of Chandrababu's election promise of waiving off crop loans, unfortunately could not give its preliminary report on Sunday. In fact according to reliable sources it has worked out something. The committee's suggestions have not impressed the Chief Minister as they have explained some three or four methods to implement the waiver.

The state government has come out with a statement through the Finance Minister Yanamala Ramakrishnudu that the committee wanted much more time to prepare the interim report by meeting the Reserve Bank officials, Scheduled Bank officials and Central Minister of Finance to discuss about the waiver to come to a viable solution for the farmers and government.

However the state finance minister said that the Naidu-led Government has committed to fulfil the election promise. He also said that Chief Minister is going to New Delhi on 26 and 27th to meet Prime Minister and other Ministers there he has to discuss this matter with them. It appears that the Andhra government wanted to throw some burden on Union Government or bring pressure on Reserve Bank to concede what the Naidu will tell.

All this make AP farmers to wait for some more time to know the waving policy of the government. Already majority of farming community has come to understand that their hopes of crop loan waiver has been foiled.

The YSR Congress Party which is a main opposition in the Assembly has been waiting for the announcement regarding the waiver of farming loans.

On the other side the neighbouring state government is ready to make an official statement in a day or two regarding waiver of all crop loans including gold loans which are below one lakh rupees.

Both the governments have come to power only with this promise. Now the Andhra Pradesh government is looking for the ways to escape, as it is starting with the deficit budget and asking the farmers to cooperate with them.

COMMENTS (0)
Guest
Name
Email Id
Verification Code
Email me on reply to my comment
Email me when other CJs comment on this article
}
Sign in to set your preference
Advertisement

Interesting content

merinews for RTI activists

Create email alerts

Total subscribers: 208416
Advertisement
Not finding what you are looking for? Search here.