Sunday 8 June 2014

Andhra loan waiver: Will CM Naidu's genie become a monster?

Courtesy: ibn live
Hyderabad: Lakhs of people, thousands of vehicles, hundreds of security men, scores of industrialists, VIPs, bureaucrats, 27 aircraft, about 50 special trains, hundreds of buses, 18 Union ministers, eight chief ministers, movie stars including Rajinikanth and Pawan Kalyan and one Governor – Nara Chandrababu Naidu has spared no effort to make his swearing-in as the first chief minister of the brand new Andhra Pradesh a mega, memorable event. As he took oath at 7.27 pm today – the venue is a specially-decked up 70-acre ground on the National Highway No 5 – he also had one mega promise to keep. Among the three important files he was expected to sign was one pertaining to the staggering Rs 80,000-crore farm loan waiver.


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