TDP to face the wrath of ‘incomplete loan waiver’?

Sunday, June 2nd, 2019, 12:07:52 PM IST

Complete farmer loan waiver scheme was one of the main reasons why Telugu Desam party was voted to power in Andhra Pradesh during 2014 elections.

Chandrababu made this promise even after knowing that the state did not have enough budget to implement anything as such.

As expected by a few financial experts, the TDP government failed to implement the full scheme.

They deposited just three installments amounting to Rs 90,000 in the bank accounts of beneficiaries but there is no trace of the remaining Rs 60,000.

This will surely dent the party’s image further as the voters might not trust the party’s promises in the future.