Uttam criticizes TRS Govt for withholding of 31 lakh farmers’ account

Hyderabad: Nalgonda MP & & previous TPCCPresident Capt N. Uttam Kumar Reddy highly condemned the TRS Government for not honouring the guarantee of forgoing off plant lendings approximatelyRs 1 lakh. He claimed financial institutions have actually apparently held back the accounts of over 31 lakh farmers throughout the state for non-payment of the financing fees.

Addressing a collection of conferences in various towns in the Nalgonda Lok Sabha constituency on the Day -4 of the Rachabanda/Rythu Bharosa Yatra on Tuesday, Uttam Kumar Reddy banged Chief Minister K. Chandrashekhar Rao for not honouring the guarantee of forgoing off plant lendings approximatelyRs 1 lakh also after finishing greater than 3 years in power in the 2nd term. He claimed that with much less than a fortnight left for the start of the Kharif period, the savings account of lakhs of farmers that took plant lendings in the past have actually apparently been kept hold. It suggests that these farmers were not qualified to obtain fresh plant lendings for the Kharif period. He mentioned that the TRS Govt had actually assured in the 2018 Assembly elections that it would certainly forgo off plant lendings approximatelyRs 1 lakh. But until now, just 2 instalments were removed. While lendings approximatelyRs 25,000 were forgoed off in 2020, and also in August 2021 lendings approximatelyRs 37,000 were removed. Of 36.68 lakh farmers qualified for financing waiver approximatelyRs 1 lakh, just 5.66 lakh farmers took advantage of the last 2 installations. Therefore, the savings account of the staying 31.02 lakh farmers have actually been kept hold because of non-payment.

Uttam Kumar Reddy claimed that the more than 31 lakh farmers would certainly not be qualified to get fresh plant lendings as the RBI policies requireds clearance of plant lendings in 3 periods from the moment of credit rating offtake to be qualified for revival of accounts. He likewise mentioned thatRs Rs. 20,164.20 crores designated in yearly spending plans because 2018 for waiver of plant lendings, the TRS Govt launched justRs 1,171.38 crore in 2 installations.

The Congress MP required that the State Government right away credit ratingRs 18,000 crore to the savings account of over 31 lakh farmers to make certain the revival of their plant lendings. Further, he claimed that the non-clearance of plant financing waiver quantity in a solitary take denied the farmers of taking advantage of the Rythu Bandhu and also PM Kisan Samman Nidhi Yojana systems. The farmers were not able to make use ofRs 5,000 per acre per period from Rythu Bandhu and alsoRs 2,000 under PM Kisan Samman Nidhi Yojana as monetary input as the financial institutions have actually readjusted those quantities in the direction of their exceptional that collected because 2018. He claimed that the TRS Govt did not gain from the errors it dedicated to applying plant financing waiver systems in between 2014-2018. He claimed as opposed to removing the financing quantity in a solitary take, it was divided right into 4 instalments and also it did not profit most of farmers as a significant part of the quantity launched by the government obtained readjusted in the direction of passion.

Uttam Kumar Reddy claimed that CM KCR was dispersing monetary aid to the family members of Punjab farmers that passed away throughout the frustration versus the BJP government’s 3 ranch regulations. But he was overlooking the farmers of Telangana that are currently being refuted fresh lendings because of non-clearance of old lendings. Instead of prioritising the plant financing waiver plan, the KCR Govt is shamelessly asking the farmers to erase their exceptional by themselves without waiting on it to launch the quantity.

The Nalgonda MP claimed that the non-renewal of plant lendings by the financial institutions has actually pressed lakhs of farmers right into the catch of exclusive cash lending institutions that bill high-interest prices. He claimed that the scenario would certainly transform even worse if instant steps are not required to restore the plant lendings for over 31 lakh farmers. He likewise asked the TRS Govt to find up with a White Paper on the condition of plant lendings inTelangana State

Addressing various conferences, previous minister Dr J. Geetha Reddy claimed that the Warangal Declaration revealed by AICC Leader Rahul Gandhi provides a thorough option to all the issues being encountered by the farming neighborhood. She claimed that the waiver of plant lendings approximatelyRs 2 lakh in a solitary take would certainly give instant alleviation to lakhs of farmers. With no financial debts or negative lendings, the monetary aid ofRs 15,000 per year would straight get to the farmers in the direction of input price. Further, the farmers will certainly have an assurance that the whole fruit and vegetables would certainly be acquired at a much better MSP by thegovernment He claimed that the assurances made in the Warangal Declaration would certainly change the farming market in Telangana after Congress go back to power in the following elections.

Uttam Kumar Reddy, Geetha Reddy and also various other leaders resolved the conferences in Yerragattu Thanda, Venkatarama Puram, Vepala Madharam, Revooru, Mellacherugu and also Komarabanda towns in the Suryapet area today.