Rs. 52,275.55 Crore Released by the Government to give benefit to 3.45 Crore Farmers; no Proposal to Waive off Agricultural Loans of Farmers

Press Information Bureau

Government of India

Ministry of Finance

22-November-2012 19:03 IST

No proposal or scheme to waive off agricultural loans of farmers of the country taken from nationalized banks is under consideration of the Government at present.

The Government of India has implemented Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS), 2008. Under the Scheme Rs. 52,275.55 crore has been released by the Government through RBI and NABARD to give benefit to 3.45 crore farmers.

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

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