After Maharashtra & UP, Rajasthan becomes 3rd BJP state to waive farm loans

Over 9 years to March 2017, central and state govts waived Rs 88,988 cr in loans to 48.6 mn farmers

Rajasthan announced a Rs 20,000 crore farm-loan waiver on September 14, 2017, making it the fourth Indian state–and the third with a Bharatiya Janata Party (BJP) government–to waive agricultural loans in 2017. Uttar Pradesh waived Rs 36,359 crore in April 2017, Maharashtra waived Rs 30,000 crore in June 2017, while Congress-ruled Punjab announced a waiver amounting to Rs 20,500 crore in June 2017.

“The announcement–which waived loans of up to Rs 50,000–came after a marathon meeting lasting 11 hours,” the Hindustan Times