Rs.52,275.55 Crore Released Under Agriculture Debt Waiver & Debt Relief Scheme to Give Benefit to 3.45 Crore Farmers

Press Information Bureau

Government of India

Ministry of Finance

22-August-2012 17:22 IST

The Agriculture Debt Waiver and Debt Relief Scheme, 2008 was implemented by Public Sector Banks, Private Sector Banks, Cooperative Banks, Local Area Banks and Regional Rural Banks. The Debt Waiver portion of the Scheme closed on 30.6.2008. The Debt Relief portion of the Scheme closed on 30.6.2010.

Under the Scheme, Rs.52,275.55 crore have been released by the Government through Reserve Bank of India and National Bank for Agriculture and Rural Development to give benefit to 3.45 crore farmers.

In respect of State Cooperative Banks, Rs.18305.55 crore have been released by Government to give benefit to 1.297 crore farmers.

This information was given by the Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in Lok Sabha today.

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