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Monday , 20 May 2019
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Loan waiver to farmers is impossible – says MP Agriculture Minister

Amid raging protests by farmers spiralling across Madhya Pradesh’s Mandsaur district, state Agriculture Minister Gauri Shankar Bisen on Saturday categorically refused to provide any relief, saying the government has already been providing interest free loans and hence there’s no need for a waiver.

“There is no chance of a loan waiver because when I became the minister in 2008, I promised to provide loans at three percent. And next year we provided loans at one percent interest and thereafter loans were distributed at zero percent. When we did not impose any interests on loan, how can it be waived off? I am never in favour of complete loan waiver. Not then, not now,” Bisen told the media.

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