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Naidu Displaying Bankruptcy Of Policy

Naidu Displaying Bankruptcy Of Policy

The Chandrababu Naidu government seems to be suffering from bankruptcy of policy with regard to waiver of crop loans, YSR Congress party has alleged.

Reiterating its demand of waiving all farm and women groups’ loans without any pre-conditions, YSR Congress party on Tuesday said the TDP government had scant respect for democratic norms and had been sidestepping the prime election promises with irrelevant and incoherent remarks.

“The Agriculture Minister Pulla Rao’s remark asking farmers to first clear the debts only shows the bankruptcy of policy and lack of commitment by Chief Minister N Chandrababu Naidu to waive agriculture loans even as the finance minister boasts of a Rs 1 lakh crore budget” Party MLA G Srikanth Reddy told reporters here on Tuesday.

The Bankers’ meet has pegged the agriculture loans at Rs 82,000 crores which should be waived immediately along with the DWACRA loans as bankers are putting farmers and women groups to inconvenience and treating them as defaulters though they were carried away by the election promise of Chandrababu Naidu, which he is failing keep it up after being elected.

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