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Remove cut-off rule in loan waiver: Venkaiah

Special Correspondent

Criticises ‘failure’ to announce fertilizer pricing policy


BJP to hold ‘kisan panchayats” all over the country

Warns that the country will face a major fertilizer crisis



NEW DELHI: Senior Bharatiya Janata party leader Venkaiah Naidu on Wednesday demanded that the Central government extend the loan waiver scheme to all farmers up to the credit limit of Rs. 50,000 irrespective of the land holding and relax the two hectare cut-off rule in all dry land areas across the country.

Addressing a press conference here, Mr. Naidu criticised the government for its failure to announce freight and pricing policy for fertilizers, leading to the present scarcity and protests as in Karnataka.

More suicides

He said that the party would hold ‘kisan panchayats” all over the country during June and July to protest against the “inadequate” loan waiver scheme. The ‘kisan panchayats’ would be coordinated by the party’s Kisan Morcha.

Mr. Naidu claimed that more than 200 farmers in Maharashtra and nearly 110 farmers in Andhra Pradesh had committed suicide since the announcement of the loan waiver scheme.

“The illogical and unrealistic scheme has not provided relief to all the needy farmers. The irony is that of the 200 farmers who committed suicide in Maharashtra only 18 were declared eligible.”

Loans migration

The majority of the farmers had borrowed from private lenders and did not get any relief from this scheme. Migration of loans from private lenders to institutions was not being pursued with vigour, he charged.

“The government should immediately come out with a fertilizer pricing policy or the country will be faced with a major fertilizer crisis,” he said.

In Karnataka, during President’s rule, adequate care had not been taken to pursue the issue of fertilizer requirement with the Union government, leading to the present volatile situation, he said.

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