Yogi Adityanath Waived Off Rs. 30729 cores of farmer loans As Promised

  • Yogi Adityanath Waived Off Rs. 30729 cores of farmer loans As Promised

Yogi Adityanath Waived Off Rs. 30729 cores of farmer loans As Promised

Along with this Rs 5630 crore of NPA of 7 lakh farmers will be writtern off. A loan waiver for farmers is expected to headline the meeting, which, ministers said, would focus on election promises made by the BJP.

In the past, the Chief Minister has received a list of Rs. 1.5 crores loan details that availed by the farmers.

Health minister Siddharth Nath Singh, who briefed the media after a cabinet meeting chaired by Chief Minister Yogi Adityanath, said that action will be taken against all illegal abattoirs in the state.

Experts believe that whereas loans of around Rs 9,500 crore availed by farmers from cooperative banks could be taken over by the state government easily, the real challenge would be dealing with loans taken from nationalized banks.

Srikant Sharma, the power minister who jointly addressed the news conference with Singh, said the cabinet had also made a decision to continue with the anti-Romeo squad.

They also said that it could be hard to handle the burden of loan waiver in a single financial year and that was one of the reasons to put the Cabinet meeting on hold till a way was found to honour the Mrime Minister's poll promise.

"We will win hearts of all sections of people with our style of working". "We will waive farmers' loan in our first cabinet meeting after the results of the UP elections", PM Modi had said.

The state Cabinet also approved the formation of Anti-Romeo Squads, but asked the police personnel not to harass young couples without a valid reason.

Traditionally, a new government holds its first Cabinet meeting right after the ministers are sworn in.

Since he took over, the 44-year-old chief minister has also kept officials on their toes with unscheduled inspections of government buildings and police stations, stressing on a quick improvement in work culture and law and order in the state. The UP government will procure all the wheat produced in the state it has been decided and ministers will monitor the process. Ali explained that during speeches, (Narendra) Modi and other BJP leaders only declared farm loan waiver. To be considered a marginal farmer, the farmer should have a land holding of less than one hectare, or 2.5 acres while as farmers with land holdings of 1-2 hectares will be considered small farmers.