Punjab clears Rs 580 cr more for debt waiver for farmers
Chandigarh: The Punjab government has cleared an amount of Rs 580 crore to give debt waiver to nearly 1.15 lakh debt-ridden farmers in the state.
Chief Minister Amarinder Singh cleared the 1.15 lakh more cases for debt waiver amounting to Rs 580 crore, with certificates to be disbursed to farmers across the state before January 31, a government spokesman said on Wednesday.
The announcement came after a high-level meeting chaired by the chief minister, which reviewed the progress of the implementation of the farm debt waiver scheme, formally launched by the state government on January 7 with the disbursement of waiver certificates to nearly 47,000 farmers from five districts.
“With the completion of disbursement of waiver certificates to these 1.15 lakh farmers, the state government would have covered 1.6 lakh small and marginal farmers with a loan amount of Rs 748 crore,” the spokesperson said, adding that modalities of the disbursement were being worked out.