P Chidambaram takes a dig at PM over his remarks on Congress' loan waivers

Updated: Dec 28, 2018, 13:35 IST | IANS

Chidambaram also said that eight months' revenue collection was less than 50 per cent of target and the fiscal deficit was 115 per cent of the estimate

P Chidambaram takes a dig at PM over his remarks on Congress' loan waivers
P Chidambaram

Senior Congress leader P Chidambaram Thursday took a dig at Prime Minister Narendra Modi over his remarks that Congress' loan waivers were only to win elections, asking whether the PM's 'farmers' relief plan' was intended to lose polls.

The former Union minister claimed the plan of the BJP would imitate the previous Madhya Pradesh government's plan of paying farmers the difference between the minimum support price and market price and said the earlier plan had brought no relief to the indebted farmers.

"The prime minister says that Congress governments' loan waivers are only to win elections. So, shall we assume that PM's 'Farmers' Relief Plan' is intended to lose elections?" he tweeted. "The 'pay the difference' plan will help only the farmer who has a marketable surplus. What about the farmer who has no marketable surplus? He is also in debt," he tweeted.

Chidambaram also said that eight months' revenue collection was less than 50 per cent of target and the fiscal deficit was 115 per cent of the estimate. "Where is the money for the new plan," he asked.

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