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Yogi Govt Receives 1.1 Million Claims Under Farm Loan Waiver Scheme
May 23, 2018
As many as 1.1 million claims have been raised with the Uttar Pradesh government amounting to nearly Rs. 40 billion under the farm loan waiver scheme.
The Yogi government had initially allocated Rs. 360 billion for writing off the debts of around 8.6 million farmers during the FY18 budget announcement. However, the farm loan waiver scheme could only benefit 3.6 million farmers for whom nearly Rs. 220 billion were disbursed.
To give another opportunity to the left-out farmers, the government recently opened a small window which has invited around 1.1 fresh applications so far.
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