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Bankers Are Not Agreeing For Loan Waiver

Bankers Are Not Agreeing For Loan Waiver

Andhra Pradesh Agriculture Minister Prathipati Pulla Rao informed that the bankers are not agreeing on the loan waiver.

Telugu Desam Party has promised to waive off the loans taken by farmers, if their party comes into power.

Chief Minister Chandra Babu Naidu recently wrote a letter to RBI governor requesting the same and the state government is waiting for the reply.

Minister Prathipati Pulla Rao reminded that the promise was made when the state was united and now the government is finding it hard to keep their promise after the state has been bifurcated.

It will be interesting to see how the state government will arrange the money for the loan waiver.

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