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UP crop loan waiver scheme logs total disbursement of Rs 24,821 crore

The state is processing additional waiver claims worth Rs 700 crore

farm loans, farm distress, farm loan waiver
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In whatever form the relief packages for farmers come, banks will be wary of lending to them and the real issues will get discussed but not addressed

Virendra Singh Rawat Lucknow
Amid Opposition charges of farm distress in Uttar Pradesh, the Yogi Adityanath government has claimed a sum of more than Rs 24,821 crore had been disbursed to 4.5 million farmers under the flagship crop loan waiver scheme.

Besides, crop loan-waiver claims worth Rs 704 crore pertaining to 118,000 farmers were being processed by the state agriculture department in the current 2019-20 financial year.

The Adityanath government had allocated Rs 36,000 crore for the loan waiver scheme, which was initially intended to benefit an estimated 8.6 million small and marginal farmers, who had sourced bank loans during 2015-16 fiscal year.

According to UP agriculture

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