Tamil Nadu govt announces Rs 12,110 crore farm loan waiver ahead of assembly polls
India | February 05, 2021 13:22 ISTTamil Nadu government on Friday announced a Rs 12,110 crore farm loan waiver in the State assembly.
Tamil Nadu government on Friday announced a Rs 12,110 crore farm loan waiver in the State assembly.
The newly-formed Shiv Sena-NCP-Congress government has announced a loan waiver of up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019. The scheme is applicable to non-defaulting farmers who have an outstanding of Rs 2 lakh or more.
The Congress snatched power from the BJP in all the three states – Rajasthan, Madhya Pradesh and Chhattisgarh – in the just-concluded Assembly elections.
With the waiver scheme imposing a huge burden on the exchequer, he also announced proposals to mop up additional resources, including increase in the rate of tax on petrol by Rs 1.14 per litre and diesel by Rs 1.12 per litre.
New Delhi, Jan 27: The BJP yesterday slammed the government over the CAG report stating that its farm loan waiver scheme has benefited the wrong people and did not reach the intended farmers, and announced
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