Recent Stories

Published: 2018-12-19 10:00:50 | Updated: 2018-12-19 10:00:50

8 million farmers' debt owed to Tk 6 billion

The government has decided to waive loans worth more than 600 crore to the farmers of Assam, the BJP government in that state. This will benefit about 8 lakh farmers in that state. However, it has been decided that this decision has been taken in view of the coming Lok Sabha elections. Country's official minister Chandramohan Patwari said that on Monday night, the state cabinet decided to waive the debts of the farmers. He said under this project, 25 percent of any Kishan credit card or bank loan will be waived by the farmers of that state. The loan will be available at a maximum of Tk 25,000, said the minister. Besides, the BJP government has announced the new project considering the farmers of that state. It has been said that the farmers of the new projects will get free interest loan. But the project will be launched from next year. The country's analysts said that these projects are being taken to look after the upcoming Lok Sabha elections. Therefore, farmers' debt waiver as an instrument of election will be used as a tool for waiver. A few days ago, the BJP government decided to waive the debt of farmers of Madhya Pradesh and Chhattisgarh. References: India Times.

8 million farmers' debt owed to Tk 6 billion

The government has decided to waive loans worth more than 600 crore to the farmers of Assam, the BJP government in that state. This will benefit about 8 lakh farmers in that state. However, it has been decided that this decision has been taken in view of the coming Lok Sabha elections. Country's official minister Chandramohan Patwari said that on Monday night, the state cabinet decided to waive the debts of the farmers. He said under this project, 25 percent of any Kishan credit card or bank loan will be waived by the farmers of that state. The loan will be available at a maximum of Tk 25,000, said the minister. Besides, the BJP government has announced the new project considering the farmers of that state. It has been said that the farmers of the new projects will get free interest loan. But the project will be launched from next year. The country's analysts said that these projects are being taken to look after the upcoming Lok Sabha elections. Therefore, farmers' debt waiver as an instrument of election will be used as a tool for waiver. A few days ago, the BJP government decided to waive the debt of farmers of Madhya Pradesh and Chhattisgarh. References: India Times.
Share     Report     Print Article
0 comments