AP CM Chandra Babu Naidu AP CM Nara Chandrababu went back on his election promise of waiving all kinds of loans availed by farmer...
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| AP CM Chandra Babu Naidu |
AP CM Nara Chandrababu went back on his election promise of waiving all kinds of loans availed by farmers of the state. In the loan waiver policy announced by the CM himself on Thursday, Naidu said that the loan waiver would be extended only to crop loans. He made it clear that the waiver would not be given to loans availed by farmers by mortgaging their gold ornaments. The announcement of the CM shocked many people including his own party leaders.
Naidu also poured water on the hoped of Women Self Help Group members by stating that loans up to the extent of just Rs.10 thousand would be waived off by the state government.
The mainopposition party YCP was quick to react on the announcement of Naidu.YCP president came down heavily on the CM for retracting from his electoral promise. He said that Naidu deceived the poor people by making false promises.
