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Loan waiver will cost Rs 1.5 lakh cr: Naidu
Loan waiver will cost Rs 1.5 lakh cr: Naidu, Asking District Collectors to ensure that bankers acted immediately with regard to waiver and order for issue of fresh loans to farmers, Andhra Pradesh Chief Minister N Chandrababu Naidu told them the loan waiver would cost Rs 1.5 lakh crore to the State government.
- 96.5% of farmers who took loans to be benefitted
- Collectors asked to pursue the matter with banks
- Officials told to interact with farmers twice a week
Hyderabad: Asking District Collectors to ensure that bankers acted immediately with regard to waiver and order for issue of fresh loans to farmers, Andhra Pradesh Chief Minister N Chandrababu Naidu told them the loan waiver would cost Rs 1.5 lakh crore to the State government.
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In a teleconference with District Collectors on Saturday, the Chief Minister said around 96.5 per cent of the farmers, who had availed a loan of Rs 1.5 lakh, would benefit from the scheme. The remaining 3.5 per cent, who took loans over Rs 1.5 lakh, would get waiver only up to Rs 1.5 lakh. This means even if a household has more than one loan, the limit for each household on waiver has been set at Rs1.5 lakh.
Under ‘Polam Pilusthondi’ porgramme, the Chief Minister directed the Collectors to visit villages twice a week and educate farmers on modern technologies which could be incorporated. He asked the district officials to ensure that farmers receive required fertilizers and also stressed on the need of using bio-fertilizers, which would bring down the input costs and increase the agricultural output.
Chief Secretary I Y R Krishna Rao said the share of horticulture, dairy, fisheries and animal husbandry was huge in the GDP and asked them to focus on these activities to generate additional income.
Under the ‘Neeru-Chettu’ programme that aims to make AP a drought-free State, the Chief Minister has asked the forest department to identify plantations that would help increase the ground-water table and recognise medicinal plantations which could eventually become income-generating sources. He informed that the government has designed contingency plan for the drought-hit districts of Anantapur and Kadapa, asking the farmers to go for alternative crops that would not require much water. He also asked the district officials to look into restoration of old tanks and construction of new ones. Water conservation is one of the top priorities, he told them.
Reviewing the public health services, he asked the Collectors to promote immunization and told them bring down the infant mortality rates. He also suggested effective delivery, neo and post natal services through ‘Amrutha Hastham’ scheme.
