Top

Uttarakhand CM refuses to waive off farmers' loans

Shubhanshu Sharma

Shubhanshu SharmaBy Shubhanshu Sharma

Published on 3 Nov 2017 10:21 AM GMT

Buzz: Leadership Change in Uttarakhand?
X
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print

New Delhi: Uttarakhand Chief Minister Trivendra Singh Rawat on Friday said the state was not in a position to waive farmers' loans but plans to instead provide soft loans to them.

"We cannot afford to waive farmers loans in the state," Rawat told reporters here while addressing a press conference to highlight the work of his government in the state.

The BJP Chief Minister said as his government is already reeling under a debt of Rs 45,000 crore it has planned to give soft loans to farmers at very nominal rate of interest.

Also Read: Himachal Pradesh poll: Congress manifesto woos farmers, youths, employees

"Our government has decided to give loans to farmers at two per cent interest, which they can use for any activities," he said.

Shubhanshu Sharma

Shubhanshu Sharma

Writer has 6 years of experience in digital media. Presently working as Senior Sub Editor at newstrack.com. An avid reader and always willing to learn new things and techniques.

Next Story