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Chandrababu on Loan waiver scheme

Andhra Pradesh Chief minister Chandrababu Naidu announced government plans in implementing farmers loan waiver scheme. He claimed TDP is the only party who has capability which will implement this scheme even if they face obstacles. He considered its as a big challenge in present economic conditions of the state but assured farmers to get benefit by December 10th.

According to his statement, state government will payoff the money to the banks for loan less than 50000 by December 10th. Its added the remaining loan swill be paid of in installment basis in coming couple of years. For this government proposed to release bonds to the farmers. Babu said Aadhaar card will be primary requirement to get this benefit. he assured farmers with 4 weeks of time to submit its details in case if they dint till now. He condemned opposition claims as baseless and treated their protests as politically motivated.

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