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BJP Govt in UP will waive off farm loans: Singh

Press Trust of India  |  New Delhi 

The in will waive off loans of small and marginal farmers as has been promised in party's state manifesto for the recent assembly polls, Agriculture Minister Radha said.

He said the Centre will welcome if more states come forward to waive such loans.

"During the campaign in Uttar Pradesh, had promised farm loan waiver in its state unit manifesto if it will come to power in the state," he said intervening in a debate in the

He said there are many other states where if the Centre provides 3 per cent interest subvention, the state gives 4 per cent loan so as to sanction the loan at zero

"Similarly if any state waives off small and marginal farmers' loans, we should welcome it," he said.

"I want to clarify that has mentioned this in its state unit manifesto, not in the manifesto for the elections," Singh said.

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

First Published: Fri, March 17 2017. 18:57 IST