Loan Waiver for Tenants & Benami Farmers too

Posted : July 17, 2014 at 1:57 pm IST by ManaTeluguMovies

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AP CM and TDP chief Chandrababu Naidu has declared that every family of farmers in the state will be covered and get benefit of loan waiver. ‘But it will be one loan waiver per family,’ he said adding that it was aimed to ensure that not a single family was left out in getting the benefit.

Naidu said loan waiver was announced not for any political advantage but to give confidence to farmers indebted heavily by loans to continue to stick to farming and not migrate to cities as coolies. ‘Every farmer, be it tenant or benami farmer will be covered under loan waiver scheme,’ he said.

CM assured TDP Government will take the burden of interest and principal payment regarding the reschedule of loans. ‘Even those who have paid off the loans will get benefit to the tune of their loans,’ he added.