CPI Asks PM To Extend Loan Waiver To Telugu States


Amaravati: The Communist Party of India (CPI) AP State unit on Saturday asked Prime Minister Narendra Modi to extend loan waiver scheme to the farmers of the two Telugu States.

CPI State secretary K Rama Krishna recalled the statement of the Prime Minister on loan waiver to the farmers of Uttar Pradesh during the recent elections. The Union Agriculture Minister Radha Mohan Singh too had made the promise and asserted that the Central government would meet the expenditure under the loan waiver to the farmers in Uttar Pradesh.

While welcoming the election promise of the Prime Minister to the Uttar Pradesh farmers and the commitment made by the Agriculture Minister in Lok Sabha, the CPI leader wanted the Central government to extend the benefit to the farmers of both Andhra Pradesh and Telangana States. He said that the farmers in both the Telugu States were caught in deep debt trap due to the continued crop failure over the years. The farmers were also facing the problems due to non-availability of remunerative prices in the market.

Stating that the Andhra Pradesh government was not able to fulfill its election promise of loan waiver to the farmers, he regretted that Prime Minister Narendra Modi did not help the State. He said that Modi did not even direct the Reserve Bank of India to reschedule the loans to the farmers in the State, he said. This shows the discrimination of the Prime Minister towards the farmers of the Telugu States, he said and demanded that the government extend the loan waiver to the farmers of the Telugu States on par with the farmers of Uttar Pradesh.

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