Congress Vice President Rahul Gandhi on Wednesday accused Prime Minister Narendra Modi of waiving off loans of 50 rich families of the country, while betraying the farmers and the youth.

"Modiji has waived off loans worth Rs 1,40,000 crore of the 50 rich families of the country, but has betrayed the farmers and the youth," said Gandhi during a public rally here.

"The farmers feed the entire country, they produce crops, but the benefits of it are enjoyed by others.

"The farmers don't get benefits. The only demand of the farmers are waiving off their loans, halve the electricity bills and to fix right price for crops."

"But, Modi ji has failed to fulfill these promises. Farmers are committing suicide, and youth are not getting employment. He has also failed to generate employment for the youth," he said.