 "fertiliser, agriculture, farm, farming, crop, farmer, plant")
In keeping with its poll promises, Yogi Adityanath -led Uttar Pradesh government on Tuesday, announced its much touted farm loan waiver, estimated to benefit over 2.15 lakh small and marginal farmers in the state. The government waived off farm loans up to Rs 1 lakh. This decision is likely to cost the state exchequer Rs 36,359 crore— one of the highest-ever promised by a state.
Of this, Rs 5,630 crore of NPAs, or non-performing assets, of 700,000 farmers will be immediately waived. This would not only enable these farmers to seek new loans, but also clean up the account books
