Seeking loan waiver has become fashion these days: Venkaiah

Agencies
June 22, 2017

Mumbai, Jun 22: Union Urban Development Minister Venkaiah Naidu today said seeking loan waiver has become a "fashion" now but it is not the final solution and should be considered in extreme situations.vek

Farmers in Maharashtra, Madhya Pradesh, Haryana, Rajasthan, Punjab, Uttar Pradesh and Odisha recently protested over various issues concerning them, including the demand for waiving off their loans.

"Seeking loan waiver has become a fashion these days. But waiving off loans is not the final solution and it should be considered in extreme situations," said Naidu, who was in the city for an event.

He said farmers need to get good remunerative price for their produce and care should also be taken of those in distress.

"Most importantly we should create adequate infrastructure and facilities like godowns, cold storage, refrigerator vans, among others. Also, we will have to ensure that affordable credit is available to these farmers," Naidu said.

So far states like Maharashtra, Karnataka, Uttar Pradesh, Madhya Pradesh and Punjab have announced loan waiver.

On the Centre's proposal to sell state-run carrier Air India, Naidu said the government's role is more of a facilitator and an administrator which should focus on creating infrastructure.

Finance Minister Arun Jaitley had earlier pitched for Air India's divestment, saying it has a market share of 14 per cent whereas its debt is Rs 50,000 crore, following which the the Civil Aviation Ministry said it was looking at all possible alternatives to make the airline viable.

Tata group is believed to be discussing buying a stake in debt-laden Air India as the government mulls various options, including full or partial privatisation, to revive the national carrier, sources said.

"We have seen what has happened to Air India. The government has no business to be in business. It should focus on administration, delivering health and education facilities, connectivity and providing basic amenities and it has to be a helping hand," Naidu said.

Comments

muhammed rafique
 - 
Thursday, 22 Jun 2017

why his trap was shut when this fashion was first initiated by his UP & Maharastra govt?

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News Network
March 24,2020

New Delhi, Mar 24: The total number of active COVID-19 cases reported so far in the country stands at 446 while the number of people who have been cured or discharged stands at 36, according to the Ministry of Health and Family Welfare.

Nine people have died from the disease while one case has migrated, the Ministry further informed.
The Central government has taken several steps to contain the rapid spread of the virus, including stoppage of all incoming passenger traffic on 107 immigration check posts at all airports, seaports, land ports, rail ports, and river ports.
There is a complete lockdown in as many as 548 districts of the country affecting several hundred million people.
The Indian Railways has also cancelled all passenger train operations till March 31.

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News Network
April 5,2020

Thiruvananthapuram, Apr 5: Eight more COVID-19 positive cases were reported from Kerala on Sunday, four among whom attended the Tablighi Jamat congregation in Delhi and six people were cured, Health Minister K K Shailaja said.

With this, the total number of affected people under treatment in the state has gone up to 256, she said.

"Out of the eight cases, five are from Kozhikode, and one each from Pathanamthitta, Kannur and Kasaragod districts.

In the case of Kozhikode, four out of the five returned from Nizammuddin meet and one from Dubai.

As of date, 10 people who had returned from Nizammuddin in Delhi have been tested positive," the minister said in a release

A total of 314 cases have been reported from Kerala so far and 56 people have been cured, she said

"We have sent 10,221 samples for testing," she said.

A total of 1.58 lakh people are under observation in the state, out of which 776 are in isolation wards in hospitals.

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News Network
July 10,2020

Lucknow, Jul 10: Samajwadi Party supremo Akhilesh Yadav on Friday raised questions on gangster Vikas Dubey's encounter killing after an accident, saying the car did not topple but it was an effort to save the government from toppling if facts came to light.

Dubey was killed in an encounter after a police vehicle carrying him from Ujjain to Kanpur met with an accident and he tried to escape from the spot, police said.

"Darasal ye car nahi palti, raj khulne se sarkar palatne se bach gayi hai," (Actually, the car did not topple. It is an effort to save the government which would have toppled if facts came to light)," Yadav said in a tweet in Hindi.

Senior Superintendent of Police (Kanpur) Dinesh Kumar P said that the accident took place in the morning when it was raining heavily and the police vehicle overturned near Kanpur.

Eight policemen, including DSP Devendra Mishra, were ambushed in Bikru village in Chaubeypur area of Kanpur when they were going to arrest Dubey and fell to bullets fired from rooftops shortly after midnight on July 3.

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