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Farmers who repaid loans on time will get waiver benefit: Rajasthan minister

Cooperatives department minister Ajay Singh Kilak said on Friday that the benefit of crop loan waiver would be extended to those farmers who have repaid their short-term loans on time.

jaipur Updated: Feb 23, 2018 22:12 IST
HT Correspondent
HT Correspondent
Hindustan Times
Rajasthan news,Farmers' loans,Loan waiver
Farmers hold a protest in Bikaner, demanding implementation of the Swaminathan Commission Report.(PTI File Photo)

Cooperatives department minister Ajay Singh Kilak said on Friday that the benefit of crop loan waiver would be extended to those farmers who have repaid their short-term loans on time.

Replying to a debate on the farmers’ issue raised by the opposition in the assembly, Kilak said, “This is the first time that farmers who have repaid loans on time have been included in ambit of loan waiver.”

Under the previous Congress government only defaulter farmers had got the benefit of loan waiver, he said.

Kilak said, “The government is sensitive to the issues of farmers and chief minister Vasundhara Raje has taken a bold decision to waive loans that will benefit lakhs of farmers.”

Farmers who had taken short-term loans from central cooperative banks two-three years back and were in the overdue category till September 30, 2017, their interest and penalties will be waived and the loan will be brought under the outstanding category, and they will be given the benefit of loan waiver, he said.

The minister said, “Those farmers whose short-term crop loan is in the category of outstanding till September 30, 2017, they will also get the benefit of loan waiver of Rs 50,000.”

Kilak said Rajasthan State Farmer Debt Relief commission was announced in the budget and a high-level inter-departmental committee has been constituted under the chairmanship of home minister Gulab Chand Kataria.

“The committee will decide the categories of farmers falling under this commission, limit of relief to be provided, deciding types and procedure and will also decide the conditions if non-cooperative or any other banks are to be included in this commission.” He said the first meeting of the committee will be held on February 28.

Giving district-wise details of short-term crop loans disbursed to farmers, Kilak said the BJP government has disbursed more loans than the previous Congress government.

He said, “The BJP government till now has disbursed more than Rs 61500 crore as short-term crop loans, which will be taken up to Rs 80,000 crore, whereas the previous Congress government had disbursed less than Rs 25000 crore in its tenure of five years.”

First Published: Feb 23, 2018 22:12 IST