Government Says Offers of Farmer Loans Not Considered

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NEW DELHI: On Monday, the government said the loan-waiver proposals farmers, including Scheduled caste and registered tribal farmers.
In a written response to Lok Sabha, Minister of State for Finance Bhagwat Karad said the Center had not implemented any farms. loan refusal The scheme, since the “ Debt Relief and Debt Relief Scheme for Agriculture (ADWDRS), 2008 “.
“The Indian government is not considering proposals to phase out loans to farmers, including registered castes and Planned tribes farmers in the country, ”the minister said.
Karad also listed the main initiatives taken by the government and Reserve Bank of India to reduce the debt burden of farmers and for the well-being of people employed in agriculture, including those belonging to Scheduled castes and registered tribes.
He cited schemes such as an interest subsidy for short-term crop growing loans of up to 3 lakhs, RBI’s decision to raise the limit on unsecured agricultural loans from 1 lakh to 1.6 lakhs, and direct income support of Rs 6,000 per year for farmers. under the direction of Pradhan Mantri Kisan Samman Nidhi.



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