Centre must waive farm loans, not leave it to states: Mamata Banerjee

With the Trinamool Congress joining the bandwagon, the Opposition parties’ demand for loan waiver for farmers is likely to get a boost.

By: Express News Service | Kolkata | Published:June 15, 2017 1:22 am
GST, Mamata Banerjee, movie ticket gst, Bengali film industry, indian express news, india news, kolkata news “GOI (Government of India) must waive farmer loans throughout the country. When the farmers are agitating, GOI cannot be silent. This farmer distress is the effect of demonetisation. An assurance was given by the ruling party and now they must fulfil their commitment without trying to pass the buck to the states”, said West Bengal CM.

Chief Minister Mamata Banerjee on Wednesday said that the Centre must waive farm loans across the country and not pass the buck to the states. The comments from Mamata came after the Centre extended interest subsidy on short-term crop loans.

“GOI (Government of India) must waive farmer loans throughout the country. When the farmers are agitating, GOI cannot be silent. This farmer distress is the effect of #DeMonetisation. An assurance was given by the ruling party and now they must fulfil their commitment without trying to pass the buck to the states,” the chief minister tweeted.
The Congress has been demanding loan waivers for farmers following the farmers’ agitation in Madhya Pradesh, which resulted in the death of five farmers.

The Centre, which is on the back foot following the incident, said it would not partake in state’s fiscal leverage in waiving farm loans and the cost has to be borne by the states. With the Trinamool Congress joining the bandwagon, the Opposition parties’ demand for loan waiver for farmers is likely to get a boost.

Meanwhile, Mamata thanked her administration for donating 60,000 bottles of blood in 15 days. “On #WorldBloodDonorDay my gratitude to #Bengal admin, police & @AITCofficial workers. 60,000 bottles of blood donated in 15 days. Often scarcity of blood in summer. So camps organised across #Bengal. A great effort. We all must #GiveBloodSaveLife #WorldBloodDonorDay,” Mamata tweeted.

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  1. R
    raghav
    Jun 15, 2017 at 8:46 am
    ya so state govt can take credit for enter schemes!
    Reply
    1. A
      Anand Ch
      Jun 15, 2017 at 5:50 am
      Yes, states continue to spend for their votes, and centre will clear all loans.
      Reply
      1. D
        Deep Gupt
        Jun 15, 2017 at 3:42 am
        Why ? Where will the money come from ? TMC's Sarada and Rose Valley scams ?
        Reply
        1. S
          Shourya
          Jun 15, 2017 at 2:37 am
          We, the taxpayers from the 5 states that account for over 74 of the country's tax (Maharashtra, Delhi, Karnataka, TN Gujarat) do not want our hard earned taxpayer money spent on the resultant of failed policies. Rather than manage the farmers and help them, you resort taking the allotted funds and devouring it and spending it on minority appea t.
          Reply
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            Amit Mukhopadhyay
            Jun 15, 2017 at 2:14 am
            Absolutely right. On the dot. Individual states waiving farm loans means there could be chaos because some states will take the risk and some will not. The chaos has already started but it can take a even bigger and wider form. So the central govt must take the responsibility. UPA-1 govt did it in 2008.
            Reply
            1. D
              Deep Gupt
              Jun 15, 2017 at 3:44 am
              And resulted in the huge budget deficit in the years 2010-2013. If posterity remembers the UPA-1 and 2, it will only be for the massive financial mismanagement and loot it inflicted upon the country.
              Reply
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