UP state executive committee of AIKMS has criticized BJP giving just partial relief to debt ridden farmers in loan waiver by the BJP govt and backtracking from its promises made during the elections.
BJP had made two loud promises in its election manifesto. One was that all the cropping loans of the small and marginal peasants, i.e. those with less than 2 hectares (5 acres) shall be waived immediately on its assuming office. Second was that all small and marginal farmers shall be given “byaj mukt fasli rin”, i.e. interest free crop loans.
Total crop loan burden of small and marginal farmers was Rs. 62,000 crores. Of his the govt. has waived only Rs 30,729 crores, leaving an Rs 31 thousand odd crores outstanding. This has been done by limiting the waived amount to Rs 1 lac of the loans taken upto 31st March, 2016 and pending till 31, March 2017.
During last rabi crop, due to extreme shortage of cash due to demonetization done by banks on the one hand hardly any KCC loans were disbursed and farmers were put to great distress as their crop could not sell. Now of the total outstanding loans of Rs 62,000 crores, only half the dues have been waived.… Read More