Vasundhara Raje govt announces loan waiver for Rajasthan farmers; to cost exchequer Rs 8000 cr

Vasundhara Raje announced one-time loan waiver of up to Rs 50,000 for small & marginal Rajasthan farmers, which would cost Rs 8,000 crore to the exchequer.

PTI February 12, 2018 13:31:03 IST
Vasundhara Raje govt announces loan waiver for Rajasthan farmers; to cost exchequer Rs 8000 cr

Jaipur: Rajasthan chief minister Vasundhara Raje on Monday announced one-time loan waiver of up to Rs 50,000 for small and marginal farmers in the state, which would cost Rs 8,000 crore to the exchequer.

Presenting the state budget in the Assembly, Raje also announced setting up a farmer loan relief commission where farmers can approach and present their side for getting relief on merit basis.

Vasundhara Raje govt announces loan waiver for Rajasthan farmers to cost exchequer Rs 8000 cr

File image of Rajasthan CM Vasundhara Raje. PTI

As Raje, who also holds the finance portfolio, announced the loan waiver, Opposition Congress members led by the Leader of Opposition Rameshwar Dudi created uproar in the House.

They said it was a betrayal and added that the complete loan amount should be waived.

Raje informed the House that the decision of loan waiver up to Rs 50,000 for small and marginal farmers will cost Rs 8,000 crore to the exchequer.

The chief minister also announced free travel for people above 80 years of age and one attendee on a half fare in the state's roadways buses.

Hike in honorarium to Anganwadi workers, underpass from the Ramniwas garden to Delhi road for a better traffic management, biogas plants in cow shelters were among other announcements.

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