Rajasthan loan waiver scheme set in motion

first_imgThe Rajasthan government’s Cooperative Department on Friday set in motion the scheme for loan waiver up to ₹50,000 each for farmers, announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates to small, marginal and other farmers.Cooperative Minister Ajay Singh Kilak said here that about 2.8 million farmers would benefit from the scheme, which would be applicable to the loans obtained from cooperative banks and institutions. “The outstanding loans as on September 30, 2017 are covered in the scheme. The lists of eligible small, marginal and other farmers will be released shortly,” he said.According to the norms laid by the Cooperative Department, the marginal farmers are those who have land holdings measuring up to one hectare, while the small farmers have land holdings of one to two hectares. Other farmers, who own land holdings measuring above two hectares, will get the debt waive-off in decreasing proportion to every additional hectare of land.e-mitra centresMr. Kilak said the farmers eligible to get the relief under the scheme could authenticate their loan as well as waiver amount at e-mitra centres. Besides, the district level committees will scrutinise the lists to ensure that they are free of error.The Minister said a grievance redressal committee and a monitoring committee had been appointed to ensure the scheme’s implementation in a transparent manner. The nine-member monitoring committee will be headed by Additional Chief Secretary, Finance Department.last_img

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