The scheme proposes direct cash transfer of ₹6,000 annually in three instalments in the accounts of small-scale farmers. It is estimated that around 12 crore farmers will benefit from the scheme across India.
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The BJP government in Haryana is reportedly considering a pension scheme for farmers by expanding the Centre’s Atal Pension Yojana ahead of the 2019 Lok Sabha election.
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While delivering on the promise made by the Congress chief, Rahul Gandhi, Gehlot has decided to waive short-term crop loans from cooperative banks and loans up to Rs 2 lakh from other banks.
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Following the footsteps of Madhya Pradesh chief minister Kamal Nath, the new chief minister of Chhattisgarh, Bhupesh Baghel, on Monday, has announced the waiver of farmers’ loans in his state that mounted up to Rs 61 billion.
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Hours after taking the oath as chief minister of Madhya Pradesh, Kamal Nath has announced the waiving of farm loans up to Rs 2 lakh. According to estimates, around 33 lakh farmers with unpaid loans of Rs 70,000 crore will be benefited.
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