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Cong vowed to waive Rs 6-trn farm loans in 2008, but gave Rs 52,000: Modi

Ridiculing the loan waivers given by the Congress in Madhya Pradesh, the prime minister said some beneficiaries have been given cheques of Rs 13 only

Press Trust of India  |  Jammu 

Narendra Modi
Narendra Modi is on a day-long visit to Leh

Attacking the over its promise of farm loan waiver, Modi said on Sunday that the party uses the measure only to win elections.

The had promised to waive farmers' loans worth Rs 6 lakh crore in 2008-09, but it gave a loan relief of Rs 52,000 crore only after coming to power, he claimed.

"CAG report found that about 2.5-3 million people who got were not even eligible for it," Modi said at a rally at Vijaypur in Jammu.

Ridiculing the loan waivers given by the in Madhya Pradesh, the said some beneficiaries have been given cheques of Rs 13 only.

He said under his direct benefit transfer PM-KISAN scheme, Rs 75,000 crore will be allocated annually. It means Rs 7.50 lakh crore will be deposited in farmers' accounts in the next 10 years.

The scheme aims to cover 90 per cent of the farmers who have less than five acres of land. Rs 6,000 will be transferred to their accounts annually in three equal installments of Rs 2,000 each, he said.

"People know the track record of the country's 'naamdar'. They get 'fever' of loan waivers just before elections... They try to act as 'messiah' of farmers by announcing farm loan waivers once in 10 years," he said referring to the UPA rule.

Ironically, the BJP had also announced loan waivers for farmers in ahead of assembly elections in 2017.

After assuming power, had announced loan waivers of up to Rs 1 lakh relating to small and marginal farmers.

Referring to Kashmiri Pandits, the said the central government is committed to respect and give dignity to the displaced community.

"The that they had to undergo, they had to leave their homeland. I have never said this but their is within me too," he said.

First Published: Sun, February 03 2019. 14:30 IST