Explorer

Loan waiver has become fashion, should be waived in extreme situations: Naidu

Mumbai (Maharashtra) [India], June 22 (ANI): Union Urban Development Minister M. Venkaiah Naidu on Thursday said loan waiver has become fashion now and should be waived in extreme situations only.

"Loan waiver has become fashion now. It should be waived but in extreme situations only. It's not a final solution. You have to take care of systems. The farmers should be taken care in distress," Naidu said at India's largest municipal bond programme here.

Meanwhile, the farmers protest in Maharashtra turned violent on Thane-Badlapur highway as the protesting farmers said that their land is being acquired by the Ministry of Defence.

Additional forces have been sent to the spot including riot control vehicles.

Madhya Pradesh's Mandsaur district became the epicentre of farmers' agitation over a demand for loan waivers and better prices for their produce.

During the agitation, six farmers were gunned down by the police, thereby drawing criticism from political parties.

The situation forced the district officials to impose Section 144, and restricted prominent personalities from visiting the violence-hit district.

A number of political leaders, including Congress vice-president Rahul Gandhi and social activists tried to visit Mandsaur but the police didn't let them enter the area.

Section 144 was later revoked ahead of Madhya Pradesh Chief Minister Shivraj Singh Chouhan's visit to the families of the deceased farmers.

Naidu also said that one more round of smart cities will be announced in Delhi tomorrow.

Meanwhile, Naidu tweeted, "I compliment Pune Municipal Corporation for reviving the mechanism of municipal bonds. Proceeds will be used for a 24x7 water supply project."

On June 19, the Pune Municipal Corporation raised Rs. 200 crore by selling ten year bond, becoming the first civic body to beat money from this route in 14 years. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

'Have To Save Our Families: PM Modi Blasts DMK Over Drug Busts In TN, Says 'BJP Enough To Fight Menace'
PM Modi Blasts DMK Over Drug Busts In TN, Says 'BJP Enough To Fight Menace'
Mukhtar Ansari Death: UP Court Orders Probe After Son Claims Father 'Poisoned' In Jail — Top Points
Mukhtar Ansari Death: UP Court Orders Probe After Son Claims Father 'Poisoned' In Jail — Top Points
I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
Advertisement
for smartphones
and tablets

Videos

Emotional Yet Fun Video Featuring Kapil Sharma, Tabu & Rhea Kapoor, Sharma To Star In 'Crew'ABP Shikhar Sammelan 2024: Anurag Thakur's counterattack to opposition over electoral bondsABP Shikhar Sammelan 2024: Why did BJP canceled tickets of more than 100 sitting MP's?|Anurag ThakurABP Shikhar Sammelan 2024: Anurag Thakur's gets angry on TMC-Congress over remarks on Kangana Ranaut
Embed widget