Loan waivers will disrupt economy, warns Dr. Jayaprakash Narayan today lashed out at political parties in both Telangana and residuary Andhra Pradesh for promising loan waivers in their bid to lure voters in the upcoming elections. JP asked at a media conference. JP said that he could understand offer of incentives for prompt payment of loans but not loan waivers. Agriculture continues to be in a crisis although the Union Government had waived loans worth Rs. Farmers could be helped by ensuring remunerative prices for their produce and facilities like warehouses and cold storages.
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Loan waivers will disrupt economy, warns Dr. Jayaprakash Narayan today lashed out at political parties in both Telangana and residuary Andhra Pradesh for promising loan waivers in their bid to lure voters in the upcoming elections. JP asked at a media conference. JP said that he could understand offer of incentives for prompt payment of loans but not loan waivers. Agriculture continues to be in a crisis although the Union Government had waived loans worth Rs.
Farmers could be helped by ensuring remunerative prices for their produce and facilities like warehouses and cold storages. Loksatta ensured good Price for paddy farmers by fighting against illegal trading restrictions, and for allowing exports.
JP said the most important challenge before the country is providing jobs to youth in the manufacturing sector. While China created crore jobs, half of them in the manufacturing sector, in the last two decades, India even today has just 80 lakh workers in the entire manufacturing sector. India has to create nearly a crore of jobs every year in the manufacturing sector for the next 10 years keeping in mind that nearly 1. With China gradually exiting from low-end manufacturing because of ageing population and increase in wages, India can grab the opportunity and become the next workshop of the world.
If India fails to do so, it will slip into middle ages with unrest and anarchy breaking out. As of today, projects worth Rs. JP pointed out that both Telangana and residuary Andhra Pradesh need huge investments, which come by way of equity and bank loans. The Reserve Bank of India would clamp down on bank loans if State Governments persist with loan waivers.
JP said the Loksatta has decided to join hands with the BJP because its Prime Ministerial candidate has laid emphasis on economic development, provision of jobs for youth and good governance. He would appeal to other parties in the two States too to focus on ensuring a bright future for youth and desist from perpetuating politics of dynasty and corruption. The Loksatta Party is prepared to enter into electoral alliances with other parties interested in promoting national interests. He underlined the importance of arriving at such adjustments soon as time is running out.
Earlier, Dr. JP unveiled an Android application for smart phones to enable people learn about the Loksatta Party and its policies, work as volunteers or donate funds online to the party. He said that the Loksatta Party is the first political party in the country to use the latest technology to attract young people as voters,, volunteers and interns for the party.
As many as youth have come forward to work as volunteers for the party in the coming elections. Hyma Praveen, the party candidate from Sanatanagar Assembly constituencies, said that thousands of youth are joining the Loksatta Party as they believe it alone can fulfill their aspirations. Chandu Pasumarthi, who led the team that developed the App for the Loksatta Party, said the application would appeal to youth as smart phones have become ubiquitous.
Loksatta Party leader D. Varma took part in the media conference.
LOKSATTA PARTY MANIFESTO 2014 PDF
Voshura The party manifesto envisages formation of ward committees and an annual per capita grant of Rs For mmanifesto newspaper, see Loksatta. The Party flag also serves as the Party logo. Our first choice was Aam Admi Party but being wedded to a monopolistic regime, it spurned our suggestion. Lok Satta Party volunteers will extend their cooperation in the campaign.
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Zologore JP said such issues should be left to subject experts and not muddied by politicians. Once billing and revenue become critical for bottomlines, patient-care becomes secondary. We need to mend it, manifetso build a first-rate system similar to the National Health Service built by Britain in Parties have to go round three or four police stations for using microphones and vehicles. Lok Satta Party — Wikipedia Even 1 hr per week is an invaluable contribution.