Videos > AP CM Chandrababu Farm Loan Waive 1.5 lakh for each family : TV5 News
AP government has finally arrived at a conclusion over 'loan waiver issue' which has been logging through one month. Chandra Babu Naidu ordered the Kotaiah committee to present the report with manageable things to implement the loan waiver as soon as possible.
Kotaiah committee suggested the govt that around '1.5 lakh loan waiver' per each family is possible as per their research. The CM along with all his cabinet ministers has determined to approve for this suggestion in this very cabinet meeting. It is going to be almost 30,000 crore burden on the government due to 1.5 lakh allocation per each farmer's family.
The government has been waiting for the RBI's guidelines over this issue but finally it has determined to go ahead because of the erupting comments over the loan waiver given by Chandra Babu Naidu during the elections. In this very 1 Lakh, 50,000 will be given for gold loan taken by the farmers and another 50,000 is for Dwakra Loans owed by women entirely for agricultur. ? Subscribe to TV5 News Channel: http://goo.gl/NHJD9 ? Like us on Facebook: http://www.facebook.com/tv5newschannel ? Follow us on Twitter: http://twitter.com/tv5newsnow ? Circle us on Tv5 News Channel G+: http://plus.google.com/+tv5newschannel ? Follow us on Pinterest: http://www.pinterest.com/tv5newschannel
