Farm loan waiver by UP government not adequate: Congress

Farm organizations are, meanwhile, cautiously optimistic that the debt ridden farmers will get some relief from the state government.

"The total loan in UP is 92, 241crore rupees out of which only 36,000 crore rupee is waived of that means even now 56,000 crore money is still to be waived off".

The Yogi government said that ₹36,359 crore would be generated through the sale of government bonds.

"When the UPA government could waive off 72 thousand then why can't the Modi government?"

They also said that it could be hard to handle the burden of loan waiver in a single financial year and that was one of the reasons to put the Cabinet meeting on hold till a way was found to honour the Mrime Minister's poll promise.

Adityanath Yogi Cabinet in its first meeting took nine decisions. "We are in the opposition but a very strong one".

While it can be said at this point that the BJP is keeping its election promise, critics have raised doubts over the effectiveness of populist measures like loan waivers.

Another farmer added that this initiative would decrease the suicide cases being witnessed from quite a long time. Above 36 crore rupees of financial burden will be on the public exchequer to meet out the decision ofwaving off the agro loans. The decision of government is appreciable.

He said all these farmers were expecting help.

Loans worth Rs 30,729 crore of over 2.2 crore small and marginalised farmers, who had taken crop loan up to Rs 1 lakh, have been waived.

Uttar Pradesh sends the highest - 80 - members to the Lok Sabha and played a big role in the BJP's sweep of the 2014 general elections.

Devi Singh, a marginal farmer and sarpanch of Damodarpura village under Mathura Tehsil, said he was expecting that all their loans would be waived by Chief Minister Adityanath Yogi. Deputy chief minister Dinesh Sharma who is also the education minister along with, technical education minister Ashutosh Tandon and minister of state for education Sandeep Singh are expected to attend Monday evening's presentation.

Instructions have been issued to all district magistrates and police chiefs to take seriously the law and order and other problems faced by industrialists.

Seven thousand wheat-purchase centres would also be set up in the state and will be monitored by Adityanath.

The government also made it clear that no harassment will be done of people involved in the meat trade who are following guidelines and have valid licenses.

  • Jon Douglas