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Resource centre on India's rural distress
 
 

Punjab launches Rs 520 crore debt relief scheme for 2.85 lakh farm labourers, farmers

-The New Indian Express

The CM said his govT decided to waive off loans amounting to Rs 520 crores with respect to the principal amount against their cooperative loans as of July 31, 2017.

CHANDIGARH: Asserting his continued support to the farmers agitating against the three farm laws, Punjab Chief Minister Capt Amarinder Singh on Friday launched a Rs 520 crore debt relief scheme for 2.85 lakh farm labourers and landless farmers. As some 15.7 lakh landless farmers and farm labourers constitute 48% of the state’s 32.7 lakh rural households (Census of 2011). Another 9.8 lakh were rural cultivating households (30%). The people engaged in agriculture account for 78% of rural households.

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