Andhra Pradesh Finance Minister Yanamala Ramakrishnudu today said the Chandrababu Naidu government was formulating a policy to prevent suicides by farmers and make agricultural profitable.
Speaking to mediapersons after addressing a meeting of farmers here on Thursday, Ramakrishnudu said a cabinet sub-committee was set up to study the problems of farmers and submit a report to the government. Yanamala said the AP government was planning to implement Swaminathan Committee recommendations in the agriculture sector. Though the State has deficit budget, there was no dearth of funds for the welfare programs, he said, adding there was revenue loss of Rs 3,000 crore in the first six months of the current financial year.
Another minister Prattipati Pulla Rao said there was a need of Rs 4,303 crore for waiving crop loans to farmers in the second phase. The State government was taking measures to complete the second phase of farmers loans waiver scheme by January 10 next year. The complaints on loan waiver scheme would be accepted by the end of this month and thereafter no complaints would be entertained, the minister added. (NSS)