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Rajasthan: Loan waiver announced for farmers, to cost Rs 8,000 crore

Written by  Nimrat Kaur -- February 12th 2018 06:30 PM -- Updated: February 12th 2018 06:32 PM
Rajasthan: Loan waiver announced for farmers, to cost Rs 8,000 crore

Rajasthan: Loan waiver announced for farmers, to cost Rs 8,000 crore

Rajasthan Chief Minister Vasundhara Raje on Monday announced one-time loan waiver of up to Rs 50,000 for small and marginal farmers in the state, which would cost Rs 8,000 crore to the exchequer. The Chief Minister also announced free travel for people above 80 years of age and one attendee on the half fare in the state roadways buses. Raje while presenting the budget in the Assembly, she announced setting up a farmer loan relief commission where farmers can approach and present their side for getting relief on merit basis. Raje, who also holds finance portfolio, announced the loan waiver, opposition Congress members led by the leader of opposition Rameshwar Dudi created uproar in the house. They said it was betrayal with farmers and the complete loan should be waived. Hike in honorarium to Anganwadi workers, underpass from Ramniwas Garden to Delhi Road for a better traffic management, biogas plants in cow shelters were among other announcements. -PTC News


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