The Hindu·2 min read·medium

BJP seeks crop loan waiver, ₹50,000-an-acre aid for farmers

T
The Hindu Bureau
BJP seeks crop loan waiver, ₹50,000-an-acre aid for farmers
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The Telangana BJP is demanding a complete waiver of crop loans and financial compensation for farmers affected by monsoon losses. The party has threatened a large-scale protest if the government does not address these demands by October 21.

Why it matters

Agricultural policy and debt relief are critical issues for rural livelihoods and regional political stability in India.

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Telangana BJP has demanded that the State government immediately convene a meeting of the State Level Bankers’ Committee (SLBC) to ensure a complete waiver of crop loans taken by farmers during the current agricultural season and bank officials should be told not to approach farmers for loan repayments.

Adilabad MLA Payal Shankar said the government should provide compensation of ₹50,000 per cultivated acre to farmers who suffered monsoon crop losses and called for implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY) before the commencement of the upcoming Rabi season, with the government bearing the entire premium cost.

He warned that government has been given time until October 21 to respond, failing which the BJP would organise a massive “Farmers’ March” from Adilabad to Hyderabad beginning October 22.

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