Well, Chandrababu known for his plans for Andhra Pradesh has now made a new sketch for the loan waiver of farmers. The government which has promised during the elections about the Loan Waiver has been struggling to get sufficient funds.
However, CM already directed to cut down 20% of expenses of every department so that the money can be given to the farmers loans. Even the budget has allotted Rs 500 crores for the same purpose.
Even the banks are not co-operating with the government that wanted to clear the loans in installments. So ,the government has made a new plan to invest the money that come by the selling of the red Sandal wood into the farmers loans.
So, this could be a relief to the government of AP! What do you think? Is Babu making the right decision?
