Naidu hoodwinking farmers on loan waiver: YSRCP

June 9, 2014: Describing the AP CM Chandrababu Naidu’s decision to constitute a
committee to recommend guidelines on farm loan waiver as an act of hoodwinking
and delaying tactics, YSR Congress Party today asked him to implement his loan
waiver promise in letter and spirit.  

Congress Party farmers’ wing convener MVS Nagireddy told reporters here that
farmers are agitated over the decision of the Government which has constituted
a committee to look into the matter instead of waiving off the loans

had promised to announce waiver of all agricultural loans before the elections.
Chandrababu Naidu asked people not to repay their loans including gold loans taken
for agricultural purposes. TDP had also issued advertisements in newspapers
promising waiver of crop loans, tractor loans and gold loans. Instead of
announcing waiver, Naidu has appointed a committee now to hood wink
people.  Farming community is agitated
over this delaying tactics,” he said.  

Reddy said the decision to constitute committee for formulating guidelines over
waiver of farm loans, Dwacra loans and weavers’ loans is not acceptable.  “In the past, several committees were
constituted on farmers’ issues such as Mohan Kanda committee, Swaminathan
committee, Jayanthi Ghosh committee and Bhupendra Huda led-CMs’ committee. The
working of all these committees came to naught. This committee too will also go
the same way,” he remarked, adding that in fact loans taken for processing and
cold storage units are also treated as agricultural loans.  

in Telangana is asking the CM K Chandrasekhara Rao to implement the loan waiver
promise in full while in Andhra Pradesh it is doing the other way round, Nagi
Reddy said and added: “Naidu wants to fill the committee with bank officers who
are opposing the loan waiver and get a report that would leave the farmers in
the lurch.”  

He asked Naidu to
first implement the loan waiver and then constitute a committee to have
guidelines on reimbursement of the funds to the banks. “Or else, we will not
keep quiet.”

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