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1.15 lakh more farm loan waiver cases cleared by Punjab govt

Press Trust of India  |  Chandigarh 

The today cleared 1.15 lakh more cases of loan waiver of farmers amounting to Rs 580 crore, an official said.

The amount will be disbursed before January 31.

reviewed the progress in implementing the farm debt waiver scheme he had launched in district on Sunday during a meeting with officials and ministers, including Minister

After the waiver certificates are disbursed to the 1.15 lakh farnmers, the state would cover 1.60 lakh small and marginal farmers with a loan amount of Rs 748 crore.

The said the modalities for disbursing the amount were being worked out.

The officials decided in favour of publicly presenting the certificates to farmers to ensure they are not misled by opposition parties or a few kisan unions seeking to promote a "false propaganda", according to the

Singh asked officials to ensure the disbursement process is smooth and no was left out of the process.

He said no lapse by officials in efficiently implementing the scheme would be tolerated, the added.

In the first phase of the scheme, the is waiving loans taken by farmers from cooperative institutions.

The process would be completed in four phases, and commercial, private and nationalised banks will be covered in the later phases.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 10 2018. 17:35 IST