Loan Waiver: Jagan Threatens Indefinite Fast

YSR Congress (YSRC) president YS Jaganmohan Reddy has threatened to go on an ndefinite hunger strike if the TDP government fails to waive off farm loans within one month.

Published: 18th July 2014 07:35 AM  |   Last Updated: 18th July 2014 07:35 AM   |  A+A-

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SRIKAKULAM: YSR Congress (YSRC) president YS Jaganmohan Reddy has threatened to go on an indefinite hunger strike if the TDP government fails to waive off farm loans within one month. Usually, banks reschedule the loans when losses occur in a business or farming sector and the government clearly has no role to play in this regard. But then, chief minister N Chandrababu Naidu had announced to reschedule the loans and is instead cheating the people now by not fulfilling his promise, he alleged.

“Chandrababu Naidu claims that `10,000 crore is enough to reschedule the farming loans, but he has nothing to say about the other loans worth `90,000 crore,” Jagan said.

He also demanded the government to furnish the details of the stock of red sanders logs.

The CM said that 15,000 tonnes of red sanders logs were available with the government whereas the minister concerned stated that only 8,000 tonnes were available with the government, he pointed out, during a press meet here Thursday.Earlier, Jagan visited Kollivalasa and VR Rajupeta in Burja mandal, Palakonda and LN Peta mandals to meet the families of the victims of Chennai building collapse incident.

He consoled the family members and assured that his party would extend any sort of help to them.

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