Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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-The Times of India&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;
&lt;br /&gt;
Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;
&lt;br /&gt;
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;
&lt;br /&gt;
Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Times of India, 23 November, 2012, http://timesofindia.indiatimes.com/india/Akhilesh-waives-Rs-1650-crore-farm-loans-on-dad-Mulayams-birthday/articleshow/17328591.cms&#039;,
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-The Times of India

LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Times of India&lt;br /&gt;&lt;br /&gt;&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;&lt;br /&gt;&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;&lt;br /&gt;Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;&lt;br /&gt;In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;&lt;br /&gt;Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;&lt;br /&gt;&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Times View&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.&lt;/div&gt;&#039;,
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&lt;br /&gt;
&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;
&lt;br /&gt;
Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;
&lt;br /&gt;
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;
&lt;br /&gt;
Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
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Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/akhilesh-waives-rs-1650-crore-farm-loans-on-dad-mulayam039s-birthday-18242.html"/>
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                <strong>Akhilesh waives Rs 1,650 crore farm loans on dad Mulayam&#039;s birthday</strong></h1>
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                <div align="justify">-The Times of India<br /><br /><em>LUCKNOW: </em>A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.<br /><br />&quot;Farmers who've taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.<br /><br />Underscoring his government's &quot;pro-farmer policies&quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers' interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.<br /><br />In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state's endemically backwards regions like Bundelkhand will gain little from the waiver.<br /><br />Reacting to the government's decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn't enough.<br /><br />&quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,'' said KJM chief Sudhir Panwar.<br /><br /><em>Times View<br /></em><br />Given the precarious state of UP's finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav's father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam's birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn't the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.</div>               </font>
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-The Times of India&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;
&lt;br /&gt;
Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;
&lt;br /&gt;
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;
&lt;br /&gt;
Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
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LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Times of India&lt;br /&gt;&lt;br /&gt;&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;&lt;br /&gt;&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;&lt;br /&gt;Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;&lt;br /&gt;In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;&lt;br /&gt;Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;&lt;br /&gt;&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Times View&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.&lt;/div&gt;&#039;,
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-The Times of India&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;
&lt;br /&gt;
Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;
&lt;br /&gt;
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;
&lt;br /&gt;
Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
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-The Times of India

LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the...&#039;
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-The Times of India

LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the..."/>
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                <strong>Akhilesh waives Rs 1,650 crore farm loans on dad Mulayam&#039;s birthday</strong></h1>
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                <div align="justify">-The Times of India<br /><br /><em>LUCKNOW: </em>A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.<br /><br />&quot;Farmers who've taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.<br /><br />Underscoring his government's &quot;pro-farmer policies&quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers' interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.<br /><br />In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state's endemically backwards regions like Bundelkhand will gain little from the waiver.<br /><br />Reacting to the government's decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn't enough.<br /><br />&quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,'' said KJM chief Sudhir Panwar.<br /><br /><em>Times View<br /></em><br />Given the precarious state of UP's finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav's father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam's birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn't the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.</div>               </font>
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-The Times of India&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;
&lt;br /&gt;
Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;
&lt;br /&gt;
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;
&lt;br /&gt;
Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
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-The Times of India

LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Times of India&lt;br /&gt;&lt;br /&gt;&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;&lt;br /&gt;&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;&lt;br /&gt;Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;&lt;br /&gt;In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;&lt;br /&gt;Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;&lt;br /&gt;&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Times View&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.&lt;/div&gt;&#039;,
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-The Times of India&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;
&lt;br /&gt;
Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;
&lt;br /&gt;
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;
&lt;br /&gt;
Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;
&lt;br /&gt;
&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Times View&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
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-The Times of India

LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The Times of India&lt;br /&gt;&lt;br /&gt;&lt;em&gt;LUCKNOW: &lt;/em&gt;A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav&#039;s 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state&#039;s already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who&#039;ve taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.&lt;br /&gt;&lt;br /&gt;&amp;quot;Farmers who&#039;ve taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&amp;quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.&lt;br /&gt;&lt;br /&gt;Underscoring his government&#039;s &amp;quot;pro-farmer policies&amp;quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers&#039; interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.&lt;br /&gt;&lt;br /&gt;In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state&#039;s endemically backwards regions like Bundelkhand will gain little from the waiver.&lt;br /&gt;&lt;br /&gt;Reacting to the government&#039;s decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn&#039;t enough.&lt;br /&gt;&lt;br /&gt;&amp;quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,&#039;&#039; said KJM chief Sudhir Panwar.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Times View&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Given the precarious state of UP&#039;s finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav&#039;s father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam&#039;s birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn&#039;t the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.&lt;/div&gt;&#039;
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-The Times of India

LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the..."/>
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                <strong>Akhilesh waives Rs 1,650 crore farm loans on dad Mulayam&#039;s birthday</strong></h1>
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                <div align="justify">-The Times of India<br /><br /><em>LUCKNOW: </em>A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.<br /><br />&quot;Farmers who've taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.<br /><br />Underscoring his government's &quot;pro-farmer policies&quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers' interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.<br /><br />In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state's endemically backwards regions like Bundelkhand will gain little from the waiver.<br /><br />Reacting to the government's decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn't enough.<br /><br />&quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,'' said KJM chief Sudhir Panwar.<br /><br /><em>Times View<br /></em><br />Given the precarious state of UP's finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav's father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam's birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn't the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.</div>               </font>
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-The Times of India<br />
<br />
<em>LUCKNOW: </em>A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.<br />
<br />
&quot;Farmers who've taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.<br />
<br />
Underscoring his government's &quot;pro-farmer policies&quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers' interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.<br />
<br />
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state's endemically backwards regions like Bundelkhand will gain little from the waiver.<br />
<br />
Reacting to the government's decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn't enough.<br />
<br />
&quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,'' said KJM chief Sudhir Panwar.<br />
<br />
<em>Times View<br />
</em><br />
Given the precarious state of UP's finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav's father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam's birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn't the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
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-The Times of India

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-The Times of India<br />
<br />
<em>LUCKNOW: </em>A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.<br />
<br />
&quot;Farmers who've taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.<br />
<br />
Underscoring his government's &quot;pro-farmer policies&quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers' interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.<br />
<br />
In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state's endemically backwards regions like Bundelkhand will gain little from the waiver.<br />
<br />
Reacting to the government's decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn't enough.<br />
<br />
&quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,'' said KJM chief Sudhir Panwar.<br />
<br />
<em>Times View<br />
</em><br />
Given the precarious state of UP's finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav's father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam's birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn't the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.
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$metaTitle = 'LATEST NEWS UPDATES | Akhilesh waives Rs 1,650 crore farm loans on dad Mulayam&#039;s birthday'
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-The Times of India

LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the...'
$disp = '<div align="justify">-The Times of India<br /><br /><em>LUCKNOW: </em>A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver.<br /><br />&quot;Farmers who've taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further,&quot; Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this.<br /><br />Underscoring his government's &quot;pro-farmer policies&quot;, Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers' interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property.<br /><br />In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state's endemically backwards regions like Bundelkhand will gain little from the waiver.<br /><br />Reacting to the government's decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn't enough.<br /><br />&quot;Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,'' said KJM chief Sudhir Panwar.<br /><br /><em>Times View<br /></em><br />Given the precarious state of UP's finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav's father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam's birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn't the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.</div>'
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Akhilesh waives Rs 1,650 crore farm loans on dad Mulayam's birthday

-The Times of India LUCKNOW: A cash-strapped Uttar Pradesh government wrote off loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver. "Farmers who've taken loans of up to Rs 50,000, and have deposited at least 10% of the amount by March 31, will not have to pay any further," Akhilesh said. The farm loan waiver would cost the government Rs 1,650 crore and the CM said Rs 500 crore has already been earmarked from the budget towards this. Underscoring his government's "pro-farmer policies", Akhilesh also said he will shortly announce state advisory price for sugarcane and ensure farmers' interests. However, he remained silent on loan waiver for farmers from other government-run banks, especially those in the backward Bundelkhand region, that do not issue loans against property. In one sense, by applying conditions, Akhilesh has whittled down the largesse which otherwise would have cost his government a staggering Rs 14,000 crore. But, in the process, farmers in the state's endemically backwards regions like Bundelkhand will gain little from the waiver. Reacting to the government's decision, Kisan Jagriti Manch (KJM), a farmer group in UP said, the waiver will benefit a sizeable population of small and marginal farmers who take loans from rural cooperative banks, but added that this wasn't enough. "Rs 1,650 crore is insufficient for the loan waiver scheme considering the large numbers of indebted farmers in UP. The benefit of the loan waiver scheme should be extended also to those farmers who took loans from scheduled banks in the form of crop loans,'' said KJM chief Sudhir Panwar. Times View Given the precarious state of UP's finances, this farm loan waiver makes little sense. You almost sense that concern for peasant welfare might have been a secondary objective as the scheme was announced on the birthday of the chief minister Akhilesh Yadav's father, Mulayam Singh Yadav. This betrays the desire to celebrate Mulayam's birthday with public money and smacks of a feudal mindset of patronage. Akhilesh isn't the only politician doing this sort of gimmickry. But Akhilesh had held out the promise of ushering in a more modern political paradigm in the state. That promise is belied.