Crop Loan Reschedule: Babu Blames RBI’s Hard Stance on Previous Govt

Chief Minister Chandrababu Naidu, told the districts’ officials that his government is still awaiting a final word from the RBI on the matter.

Published: 03rd August 2014 07:37 AM  |   Last Updated: 03rd August 2014 12:53 PM   |  A+A-

Chandrababu Naidu1PTI

HYDERABAD: The Reserve Bank of India (RBI) was reluctant to reschedule the crop loans in Andhra Pradesh, chief minister N Chandrababu Naidu told district collectors of his state on Saturday.

“The Congress government in the erstwhile united state had not sent report to the Centre on the calamity-hit mandals within the stipulated time to avail the facility of rescheduling of crop loans. Because of this, the apex bank is not showing much interest to reschedule crop loans now,” he said.

The chief minister, however, told the districts’ officials that his government was still awaiting a final word from the RBI on the matter. Once the RBI made its stance clear, the government would finalise the modalities of the farm loan waiver scheme, he said.

While reviewing the status of ongoing projects and implementation of various schemes across the state with respective district collectors through a video conference from Lake View Guest House here, the chief minister said that talks were still on with the RBI over rescheduling of crop loans.

“Once the talks reach a decisive stage, modalities can be worked out. We have decided to waive crop loan up to Rs 1.50 lakh for each family across the state. We will very soon implement the scheme,” he said, adding thatby waiving Rs 1.50 lakh for each family, the government can relieve 96.5 per cent of farmers (who had availed a loan of up to Rs 1.5 lakh) of the crop loan burden.

The chief minister explained to collectors how the government was trying to mobilise financial resources by pledging government’s assets to banks so as to implement the loan waiver scheme in an effective manner. He asked collectors to ensure that bankers took the required steps to waive crop loans and issue fresh loans to farmers.

INPUT COSTS: He also asked the district collectors to bring down the input costs in agriculture and simultaneously increase output with the available resources.

Stating that paddy was being cultivated in 17.60 lakh acres in the state, he asked the officials to ensure that farmers receive required quantities of fertilisers. He also asked the officials to create an awareness among farmers on use of bio-fertilisers which would bring down the input costs and increase agricultural production. For bio-fertilisers, he asked the district officials to make suggestions for creation of a bio-fertiliser lab.

Apart from loan waiver, other issues that figured in the conference were strengthening of the education system and streamlining of public health services.

PUBLIC HEALTH: Reviewing the public health services, the chief minister asked the collectors to ensure that outbreak of diseases was controlled through 100 per cent immunisation. Since the immunisation level in AP is below average at present, Naidu asked them to take steps to achieve 100 per cent immunisation.

On infant and maternal mortality rates, he asked the departments concerned to bring down the IMR and MMR rates. Through Amruta Hastam programme, pre-natal and post-natal services should be delivered effectively. He also asked the collectors to link the scheme to Aadhar.

He asked the officials to focus on construction of individual and community toilets.

Emphasising the importance of education, he told the collectors to ensure 100 per cent enrolment of students under the ‘Badi Pilustondi’ programme. He also proposed that the scheme be linked to Aadhar.

The collectors presented status reports to Naidu on issues affecting  their respective districts. ‘Polam Pilustondi’ programme, the chief minister asked district collectors to visit villages twice a week on Tuesday and Wednesday for three months from now. On each day of the visit, collectors will tour two villages and educate farmers on modern technologies which can be incorporated to make agriculture a profitable profession.


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