Punjab joins UP, Maharashtra: Crop loan waiver for over a million farmers

CM Amarinder Singh said the move would provide 'double the relief' than the UP, Maharashtra waivers

Punjab joined Maharashtra and Uttar Pradesh in announcing sops for farmers after Chief Minister Amarinder Singh on Monday announced a total waiver of the entire crop loan amount for small and marginal farmers in the state.

Based on the interim report of an experts group under economist T Haque, the loan waiver will be for up to Rs 2 lakh for small and marginal farmers (having land up to five acres), along with a flat Rs 2 lakh relief for all other marginal farmers, irrespective of their loan amount. The decision paves the way for the eventual total waiver of agricultural