Telugu Desam president Nara Chandrababu Naidu on Friday declared that the he would waive farm loans completely if the party returned to power.

“It will be the first file I will sign if my party comes back to power,” Mr Naidu said at a meeting at Pedakakani village as the ‘Vastuna Meekosam’ entered day three in Guntur district. Referring to the statement made by Chief Minister N. Kiran Kumar Reddy that government would not be able to waive crop loans, Mr. Naidu shot back by saying: “What does Mr. Kiran Kumar Reddy think of himself? Where does he stand before me? What is his experience in administration?”

“No other Chief Minister was in power for nine years. I am the only leader of opposition for close to 10 years,” he said.

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