Congress criticises government on no loan waiver to farmers

Hyderabad: The Congress has criticised the government for not announcing the crop loan waiver to the farmers and alleged that the farmers were forced to borrow from private lenders.

Addressing the media, Kisan Cell national vice chairman M Kodanda Reddy and Telangana Kisan Cell chairman Anvesh Reddy said the government was not interested in implementing the promises it has made.

Kodanda Reddy said the incentive under the Rythu Bandhu scheme did not reach majority of the farmers. While the Kharif sowing season has begun the farmers were deprived of capital.

He alleged that Chief Minister K Chandrashekar Rao has forced the farmers to become bonded labourers denting their self-respect. He said with the cleansing of the land records many farmers were at loss.

He informed that the number of loan accounts of the farmers was 42.35 lakh and the outstanding loan was Rs 32,266 crore. The number of gold loan accounts was 5.77 lakh and the outstanding loan was Rs 5,252 crore.