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At first cabinet meet, UP CM Adityanath waives Rs 36,359 crore in farmer loans

5000 wheat buying centres will be set up in Uttar Pradesh which will be monitored by chief minister Adityanath. Photograph: (AFP)

WION New Delhi Apr 04, 2017, 02.56 PM (IST)

The Adityanath government in Uttar Pradesh has waived off loans worth Rs 30,729 crores( $5.6 billion) for small and marginal farmers, reports said. The decision is likely to benefit over 2 crore farmers in the state. 

Chief Minister Adityanath held his first cabinet meeting today after coming to power last month.

Farmers will now get Rs 10 more than minimum support price per quintal, a spokesman added.

5000 wheat buying centres will be set up which will be monitored by the chief minister, a spokesman told reporters after Uttar Pradesh government's first cabinet meeting in Lucknow.

Siddharth Nath Singh, health minister in the UP government said the state government has decided to forgo Non-Performing Assets(NPA) worth Rs 5,630 crore. 

Shiv Sena chief Uddhav Thackeray hailed chief minister Yogi Adityanath's decision made during election rallies, adding that it proves the statement were not just 'jumlas'. Thackeray urged BJP's Maharashtra chief minister Devendra Fadnavis to adopt the same approach and help the farmers in the state.

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(WION)

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