Wednesday, 27 September 2017

Congress woos voters with early loan waiver promise

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The Congress has been in power in the state for six months. That causes a slight problem in the campaign in the Gurdaspur Lok Sabha byelection. It can no more get away with Akali bashing. Forced to present its “achievements”, the party campaigners are making do with recycling promises from the Assembly poll as there is little to show for delivery. From promising to waive farm loans, Punjab Congress leaders have now graduated to promising “early loan waiver”, even as notification of the scheme is pending. Addressing gatherings ahead of the October 11 election, party leaders are asking farmers to prepare lists of potential beneficiaries to facilitate the scheme. Defending the strategy, PPCC chief and Congress candidate Sunil Jakhar said the government was committed to waiving crop loans, benefitting 10 lakh small and marginal farmers. “It is just a matter of time,” he said. However, other achievements the party is peddling are also at the stage of “decisions”. Prominent among these are the decision to enact a new Lokpal law; freezing of power tariff at Rs5 per unit for industry; and cancelling of all bus permits issued after 1991. The fact is that the Lokpal Bill is still at the draft stage; power rates are yet to be notified; and the bus permits can be cancelled only after a new transport policy is notified. On why the Congress has been unable to deliver on the promises, the party blames the Centre. The government has demanded relaxation of the Fiscal Responsibility and Budget Management Act, 2003, to enhance the state’s borrowing limit to enable it to meet the debt waiver commitment. The party is also exploiting the anger among the influential trading community of Gurdaspur and Pathankot over the chaotic implementation of the GST “Parliamentary elections are contested on national issues. And GST is a local as well as national issue,” Jakhar said. BJP leader Madan Mohan Mittal said, “The government has no money for the loan waiver. It is unfairly blaming the Centre for it.”
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