Cong., TRS trade expenses over crop loan waiver

Cong., TRS trade expenses over crop loan waiver 1

The Telangana Legislative Council on Sky Bird  Wednesday witnessed heated exchanges between the treasury and competition benches when the Chief of competition, Mohd Ali Shabbir, charged that the TRS authorities failed in implementing crop mortgage waivers and stopping farmers’ suicides.

Participating in a brief dialogue on the modernization of agriculture and crop mortgage waiver, Mr. Shabbir Ali sought to reveal the chinks in the statements made through Minister Tummala Nageswara Rao regarding measures taken for farmers welfare and better crop yield.

Farmers did not get a remunerative fee for their products within the two Kharif and rabi seasons thus far inside the Country, and the meals grain production declined to seventy-two lakh tons in 2014-15 and 49 lakh tons in 2015-sixteen, he said.

The much-promised mortgage waiver of up to Rs. 1 lakh has now not materialized, and as a result, farmers’ passbooks had been locked with the banks, and they couldn’t increase fresh bank loans. Drawing a parallel with the UPA II authorities’ waiver of Rs. 72,000 crore crop loans across the united states, he stated the Congress authorities waived Rs. 5,500 crore in Telangana at one move. Leader Minister Okay. Chandrasekhar Rao, who promised to waive the whole crop loan if the Centre extended FRBM restrict from 3 consistent with a cent to three.5 in keeping with cent, didn’t do so even after the FRBM limit becomes multiplied.

But it got to the goat of Minister K.T. Rama Rao whilst Mr. Shabbir Ali stated 2,650 farmers had dedicated suicide inside the Country as their loans were neither waived nor their produce was given a remunerative rate.

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In a sharp response, Mr. Rama Rao refuted the ‘baseless costs.’ He clarified that the loan waiver benefited 35 lakh farmers, and Rs. 12, a hundred and five crores have been credited to farmers’ debts in 3 installments. While farmers’ suicides have been sad, the authorities extended repayment to their households from Rs. 1 lakh to Rs. 6 lakh. It turned into the TRS authorities that released the enter subsidy dues of Rs. 490 crore, ensured nine-hour power supply to the farm region throughout the day and streamlined supply of fertilizers and seeds, unlike in the Congress regime.

An unrelenting Shabbir Ali retorted that it was the UPA authorities that sanctioned Rs. 490 crore subsidy all through the President’s rule, and the TRS authorities launched it. He questioned why the TRS authorities failed to launch Rs. 790 crore subsidy sanctioned via the Centre even after seven months.

Congress member Ponguleti Sudhakar Reddy requested a contingency agricultural policy, remedial measures to save you suicides by way of desperate farmers, the remunerative price for their produce, and the appointment of five,000 agriculture extension officers.

BJP member N. Ramachandra Rao stated farmers had been now not getting fresh loans as their loans have been no longer waived. An all-party delegation should visit Delhi to talk about farmers’ troubles, he advised.

MIM member Syed Rizvi stated the authorities ought to sit down with bankers and facilitate loans to farmers.

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