 "Yogi Adityanath")
Uttar Pradesh Chief Minister Yogi Adityanath will roll out ruling Bharatiya Janata Party’s (BJP) flagship crop loan waiver scheme on Thursday by handing over loan waiver certificates to a group of farmers in Lucknow.
On April 4, the Yogi cabinet had approved this flagship scheme officially referred as ‘Rin Mochan Yojana’ (Loan Alleviation Scheme) to waive off crop loan of small and marginal farmers subject to a ceiling of Rs 1,00,000. It covers crop loans sourced from banks during financial year 2015-16 towards procurement of seeds, fertiliser and pesticides.
The scheme would cost the exchequer about Rs 30,729 crore. An
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