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‘Mr Badal, please get your facts right on loan waiver’

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Express news service

Posted: Mar 05, 2008 at 2346 hrs IST

Chandigarh, March 4 A day after Chief Minister Parkash Singh Badal claimed that as per the Budget proposals of Union Finance only default payment of small and marginal farmers would be waived and not the entire outstanding loan amount, All India Congress Committee spokesman Manish Tewari today lashed out at Badal and former Haryana finance minister Sampat Singh for misleading the public, especially farmers, on the issue of loan waiver.

Saying that Badal’s statement yesterday in which he described farmers’ loan waiver as a farce as nothing but “sheer frustration”, Tewari accused the SAD-BJP of spreading lies.

“Badal termed it a partial debt default re-adjustment scheme. Either he has not read the Budget carefully or has not understood it. The SAD should first make its stand clear, whether it is in favour or against this waiver,” he said.

Asking both Badal and Sampat Singh to make their stands clear on whether they actually want the interests of the farmers to be secured or not, Tewari asked, “If they are actually so fond of the poor farmers, whose interest they claim to propagate, how can they find fault with the loan waiver?”

He was interacting with mediapersons at at the Press Club.

“The Union Finance Minister couldn’t have been clearer. I think Badal should first go through the Budget document and then speak on the issue,” he added.

Tewari also added that the government should immediately bring a law to regulate the activities of money-lenders. “Since such a thing is within the purview of the state government, the state government must get a law in this regard passed as has been done by many state governments. If Punjab does not have adequate funds, the UPA government will support it,” he said.

To a question, Tewari said the Budget was not a political Budget and that the UPA government would not seek fresh mandate in October or earlier. “The UPA government has the mandate to govern the country till May next year. The government will certainly complete its term,” he asserted.

On the Indo-US nuclear deal, Tewari said the Congress was hopeful that the Left would rethink its position.

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