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SP President Akhilesh Yadav promises loan waivers and 24-hour sugarcane payments if SP returns to UP government

Samajwadi Party president Akhilesh Yadav pledged that if SP forms the Uttar Pradesh government in 2027, sugarcane farmers will be paid within 24 hours and loans will be waived through legislation, with crop insurance, free irrigation, and MSP. He also outlined a ₹15,000 crore fund to speed payments via direct transfers and said dues would be recovered from industrialists.

Why It Matters

The remarks outline SP's policy proposals ahead of the UP elections, potentially shaping farmer-focused political discourse and ballot decisions.

Timeline

9 Events

Vision for smart villages as SP alternative to smart cities

April 25, 2026

Challenging the government, Yadav asked, 'If smart cities can be built, why not smart villages?' and said an SP government would pursue this direction.

Emphasis on organic farming and seed improvement

April 25, 2026

He emphasised organic farming, stating efforts would be made to reduce chemical fertiliser use and to connect farmers with laboratories and research centres for better seeds.

Concerns about imports after US trade deals

April 25, 2026

Yadav expressed concern over possible imports of agricultural products following trade deals with the United States, saying it could adversely affect domestic farmers.

Rising costs and loan burden highlighted

April 25, 2026

He said the burden of loans on farmers is increasing, and that fertiliser, seeds, and diesel have become expensive, making farming unviable.

Allegations on misuse of farmer facilities in Lucknow

April 25, 2026

Yadav asserted that farmer facilities in Lucknow were repurposed, with cafes at farmer markets and housing for farmers handed over for commercial use.

Critique of current government on farmer benefits and mandi development

April 25, 2026

He alleged that benefits extended to farmers during the SP regime had been withdrawn by the current government, and claimed mandis along expressways were being developed but the pace of development had stalled and farmer markets were not being built.

Fund and payment mechanism details announced

April 25, 2026

Yadav proposed a ₹15,000 crore fund to ensure farmers do not have to wait for payments, and said money would be transferred directly into farmers' accounts as soon as they receive the payment slip, with the government recovering dues from industrialists.

Loan waivers and supportive policies outlined

April 25, 2026

He said loan waivers would be implemented through legislation, along with crop insurance, free irrigation, and an assured minimum support price for farmers.

Akhilesh Yadav pledges 24-hour sugarcane payments and election-year promises

April 25, 2026

Akhilesh Yadav stated that if the Samajwadi Party forms the Uttar Pradesh government in 2027, sugarcane farmers will receive payments for their produce within 24 hours.