Business Standard

Loan waivers little help to farmers, says Niti Aayog after Rahul statement

Congress president Rahul Gandhi has said his party will scrap loans of all farmers in the country if it wins the 2019 Lok Sabha elections.

All India Kisan Sangharsh Coordination Committee (AIKSCC) members and Farmers Protesting at Parliament Street fro their various demands in New Delhi. PHOTO-DALIP KUMAR
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All India Kisan Sangharsh Coordination Committee (AIKSCC) members and Farmers Protesting at Parliament Street fro their various demands in New Delhi. PHOTO-DALIP KUMAR

Press Trust of India
Waiving off farmers’ loans is a “palliative” and not a solution for India's agrarian distress, said the Niti Aayog on Wednesday, reacting after three newly elected Congress state governments announced plans for such measures.

Congress president Rahul Gandhi has said his party will scrap loans of all farmers in the country if it wins the 2019 Lok Sabha elections. He has said he would not let Prime Minister Narendra Modi “sleep or rest” till he gave a reprieve to farmers.

Gandhi’s statements came made after the Congress chief ministers of Madhya Pradesh and Chhattisgarh waived off farm loans immediately after

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