UP Govt likely waive off 100% Farmer loans in Bundelkhand
The BJP government is likely to give 100% loan waiver to
farmers of Bundelkhand region who have been facing drought-like situation for
the past several years. In the other regions, the party is likely to assess the
need of farmers before extending the benefit as per its election manifesto for
"We are committed to fulfil the promise of writing off crop
loan of farmers that we made in our manifesto. It will happen soon," newly
appointed finance minister Rajesh Agarwal told TOI.
"All farmers irrespective of their land holdings would get
the benefit of the government's
Talking to TOI soon after chairing a high-level meeting of
finance department to discuss the modalities so that maximum number of farmers
could be cover under the government's loan-waiver scheme, Agarwal declared that
all farmers of Bundelkhand whether big, small or marginal would get the benefit
under the scheme which would be announced soon.
In reply to a question, the finance minister said that the
government was considering all options of mopping up money for this waiver
scheme -- borrowings from the market, loan from the Government of India and
pooling in money from the state's revenues.
"Bundelkhand farmers have suffered a lot in the last season
due to the inclement weather. Therefore, the BJP government is committed to
their welfare," he said. At present, there are 2.3 crore farmers out of which
2.15 crore are small and marginal.
Courtesy: Times of India