Chidambaram takes a dig at PM over his remarks on Congress\' loan waivers

Chidambaram takes a dig at PM over his remarks on Congress' loan waivers

Press Trust of India  |  New Delhi 

Senior Thursday took a dig at Prime over his remarks that Congress' loan waivers were only to win elections, asking whether the PM's 'farmers' relief plan' was intended to lose polls.

The former Union claimed the plan of the BJP would imitate the previous government's plan of paying farmers the difference between the minimum support price and market price and said the earlier plan had brought no relief to the indebted farmers.

"The prime says that governments' loan waivers are only to win elections. So, shall we assume that PM's 'Farmers' Relief Plan' is intended to lose elections?" he tweeted.

"The 'pay the difference' plan will help only the who has a marketable surplus. What about the who has no marketable surplus? He is also in debt," he tweeted.

Chidambaram also said that eight months' revenue collection was less than 50 per cent of target and the fiscal deficit was 115 per cent of the estimate.

"Where is the money for the new plan," he asked.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 27 2018. 23:20 IST