While Telugu Desam Party president N Chandrababu Naidu came to power in 2014 elections riding on the election promise of waiving all crop loans along with interest, his rival YSR Congress party president Y S Jaganmohan Reddy is hoping to cash in on the promise of waiver of loan arrears of self-help women groups.
Interacting with women groups as part of padayatra in Anantapur district, Jagan assured that all loans of women groups would be waived in a phased manner and would make them eligible for zero percent interest bank loans.
“Once I come to power with your blessings, I will take the responsibility of getting your loans waived and see to it that banks would again put your groups on active list besides reviving interest free loans to women groups,” he said.
He said the law and order situation had worsened in the TDP regime and there had been no protection to women as the atrocities are on the rise and the predators are being protected by the leadership itself.
When a Dalit woman was disrobed, the chief minister had shown his indifference, so was the case when a woman official was assaulted by a TDP leader and a student committed suicide in the University, he alleged.
All DWACRA loans would be waived in a phased manner which would enable the groups to apply for fresh loans and the interest free loan scheme would be revived, he said.