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‘Political Stunt’: Haryana Farmers Say Khattar Govt’s Interest, Penalty Waiver Doesn’t Help Their Cause

A farmer said most of the bad loans are in national banks. Hence, waiving interest and penalty of crop loans taken from cooperative banks would not help too many farmers. New Delhi: The Haryana government’s announcement of waiving interest and penalty worth Rs 4,750 crore on crop loans received backlash with many calling the move a “stunt” ahead of the state elections in November. On Monday, Chief Minister Manohar Lal Khattar announced in Bhiwani district that 10 lakh farmers, who took loans from the state-owned Primary Agriculture Cooperative Society (PACS), District…