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Andhra Pradesh
K.V. Prasad
NEW DELHI: The Andhra Pradesh Government on Tuesday urged the Centre to extend the interest waiver on agricultural loans as part of Prime Minister's Vidharbha type packages to all farmers in the 16 districts in the State. A delegation led by Andhra Pradesh Ministers N. Raghuveera Reddy and Ponnala Lakshmaiah and party MPs, called on Union Agriculture Minister Sharad Pawar and submitted a letter from State Chief Minister Y.S. Rajasekhara Reddy. The letter said during the period 2004-06, accrued interest of Rs. 2015 crore were rescheduled by banks in Andhra Pradesh. It said the Centre was not inclined to consider the State's request for interest waiver on rescheduled loans with the contention that the farmers whose loans were rescheduled in 2004 have already been provided a relief of moratorium as also fresh lending which otherwise they would not have been eligible for.
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