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States » NorthPosted at: Dec 7 2018 4:43PM


Amarinder clears Rs 1771 cr loan of marginal ryots in 2nd phase of bank loan waiver scheme

Baran (Patiala), Dec 7 (UNI) Giving further impetus to his government’s farmers’ debt relief scheme, Punjab Chief Minister Capt Amarinder Singh on Friday gave debt relief against commercial bank loans to the tune of Rs 1771 crore for 1,09,730 eligible marginal farmers of four districts, and announced the extension of the waiver scheme to farmers with landholding of 2.5 to five acres.
The amount is being transferred directly to the accounts of the marginal farmers of commercial banks directly and the process will be completed by tomorrow, the Chief Minister said at a state-level function, where he symbolically handed over debt relief certificates to 25 farmers. The farmers covered in this phase belong to Patiala, Ludhiana, Sangrur and Fatehgarh Sahib districts.
Addressing the function, Capt Amarinder said in the next phase, farmers having landholding of 2.5 to five acres would get debt waiver towards both cooperative and commercial banks. He also reiterated his commitment to waive off the loans of the landless labourers in the subsequent phases of the implementation of the waiver scheme.
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