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Exclusive: 22.79 Lakh AP Farmers to become Debt Free!
By: Tupaki Desk | 6 Dec 2014 3:08 PM GMT
As per official statistics announced on Saturday, About 22.79 lakh farmers (Out of 32 lakh Agricultural Farmers in AP) gets benefitted from TDP's poll sop Farm Loan Waiver on December 10th as their debt amount upto Rs 50,000 will be cleared by Government on that day. This means at least 71% farmers will be made debt free if their loan amount is upto Rs 50,000.
Currently, TDP Government is holding the verification process to implement the Debt Redemption Scheme for debts between Rs 50,000 to Rs 1.5 lakh. Post the completion of this process, About 20% of the total amount will be paid now and remaining 80% will be settled to banks in four annual instalments.
Government Advisor Parakala Prabhakhar alleged Jagan is misleading people with false accusations. "How can Jagan say there were nearly 1 crore farmers when the count is 32 lakhs as per 2011 Census," he questions.
Currently, TDP Government is holding the verification process to implement the Debt Redemption Scheme for debts between Rs 50,000 to Rs 1.5 lakh. Post the completion of this process, About 20% of the total amount will be paid now and remaining 80% will be settled to banks in four annual instalments.
Government Advisor Parakala Prabhakhar alleged Jagan is misleading people with false accusations. "How can Jagan say there were nearly 1 crore farmers when the count is 32 lakhs as per 2011 Census," he questions.
