The CPI(M) Thursday welcomed the waiving off loans of farmers in different states and advocated for loan waiver to farmers and orchardists in Jammu and Kashmir. "In the last couple of days, governments in various states have waived off loans to farmers which was a long-pending demand. It is a welcome step," senior CPI(M) leader and former MLA M Y Tarigami said.

"Similar demands were made in Jammu and Kashmir where small farmers and fruit growers suffered huge losses due to early snowfall on November 3. The early snowfall this season wreaked havoc on orchards in Kashmir, especially in the southern districts causing huge losses to the growers," he said.