Farm loan waiver: Stringent action against defaulters, says PM

March 06, 2013 12:55

With the opposition targeting the government on alleged irregularities in the farm loan waiver scheme, Prime Minister Manmohan Singh today promised "stringent possible action" against defaulters, if any.

The Prime Minister's assurance came in the Rajya Sabha as BJP created uproar over the alleged "siphoning off" of farmers' money and a "scam" in the scheme in the wake of the CAG report.

"The reference is to the CAG report on loan waiver scheme. This is a matter which should be entrusted to the Public Accounts Committee as per normal practice. If there are any irregularities, which have been shown, I assure the House that we will take stringent possible action against the defaulters," Singh said in impromptu comments.

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