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AP budget to run into problems thanks to loan waiver - ABN

Mon, Dec 08, 2014, 02:42 PM
AP government, praised for its farm loan waiver decision, is facing another problem attached to it. The implementation of budget, having a deficit of Rs.16000 crore, is going to face serious problems because of the loan waiver decision. Government has not revealed the budget allotted to farm loan waiver. The first schedule of the loan waiver was announced and in next month the other scheduled list will be announced. The officials also mentioned that the present financial position is not favourable for farm loan waiver.
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