AAP questions TDP's loan waiver promise HYDERABAD: The Aam Aadmi Party Andhra Pradesh unit has lodged a complaint with the Election Commission of India (ECI) pointing out violation of model code of conduct in the Telugu Desam Party manifesto.
The loan waiver promise made by Telugu Desam Party cannot be implemented because it needs `1.5 lakh crore for all outstanding agricultural and SHG loans, whereas the entire budget of united AP last year was `1.6 lakh crore, and the Plan budget including all schemes is only `59,000 crores, said B Ramakrishnam Raju, convener, state campaign committee.
Further, he added TDP chief N Chandrababu Naidu, who had said the government will not have funds to pay even two months of salaries to Seemandhra employees, is making reckless promises without necessary financialfinancial resources.
'This is deliberate misleading of voters and amounts to violation of model code of Conduct. The Supreme Court in its July 2013 ruling precisely objected to these kinds of promises. AAP requests the ECI to take immediate action and order the TDP and other parties like TRS making similar promises to withdraw these promises immediately,' he said.
On the real beneficiaries of loan waiver, Raju said more than 70 percent of farm loans in AP are from non-institutional sources like money lenders. This is true of most of the small and marginal farmers, tenant farmers and women farmers. They are the ones committing suicides. None of them will benefit, he said.
After spending a humungous budget on the loan wiaver, how will the government take care of the real problems? Moreover, 40 percent of the agricultural loans go as non-crop funding, to large companies and businesses like Heritage and Reliance Fresh. 'Are they the people that the TDP wants to benefit?' ask AAP leaders.
News Posted: 4 April, 2014
|