Half of Punjab farmers on loan-waiver list ‘ineligible’ or being verified
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Half of Punjab farmers on loan-waiver list ‘ineligible’ or being verified

By Hindustantimes calender  04-Jul-2019

Half of Punjab farmers on loan-waiver list ‘ineligible’ or being verified

The debt-waiver scheme for farmers, that proved to be a vote-catcher for the Congress in 2017 Punjab polls, was repeated to win more states, including Karnataka, Madhya Pradesh, Chhattisgarh and Rajasthan.
However, once in power, the Captain Amarinder Singh government watered down its poll promise of waiver of loans of all farmers — the state has 26 lakh farmers — to cover only small and marginal farmers owning up to five acre land and owing up to Rs 2 lakh of crop loans to cooperative and commercial banks. But the state is now unable to even identify the 10.25 lakh farmers it intended to benefit. After its roll-out in January last year, the total number of farmers verified by the revenue department has shrunk from 10 lakh to 6 lakh.

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