Chandrababu to meet Modi on crop loan waiver issue

Chandrababu to meet Modi on crop loan waiver issue
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CM Chandrababu Naidu to Meet Modi on Crop L0oan Waiver Issue. Pattipati Pulla Rao, the Agriculture Minister in the state of Andhra Pradesh, on Monday said that the crop loan waiver was promised when the state was united.

Hyderabad: Pattipati Pulla Rao, the Agriculture Minister in the state of Andhra Pradesh, on Monday said that the crop loan waiver was promised when the state was united. So only, the same was included in the election manifesto. He addressed the members in the state assembly and said that they could not take their word back even after the state bifurcation and included the same in the election manifesto.

He said that there was a vast difference in the fiscal state of the state before and after state bifurcation. He said that the bankers were not accepting the proposal of crop loan waiver. It is evident that Kotaiah committee established for studying the feasibility of the crop loan waiver could not submit its report till now, in view of the restrictions imposed by the RBI.

Though Chandrababu Naidu has written to RBI seeking cooperation for the crop loan waiver, no positive response was sought from the RBI. Pattipati said that a final decision could be sought on this very matter only after the Chief Minister’s meeting with Modi, the Prime Minister of India.

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