LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Amarinder to roll out debt-waiver scheme at Mansa

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Sat, Jan 06, 2018
11:30 pm
PTI
RELATED NEWS
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here
India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21 RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21

The Punjab government will formally roll out its farm debt waiver scheme from Mansa district tomorrow.

State Chief Minister Amarinder Singh will disburse debt relief certificates to eligible beneficiaries in Mansa in the first phase of the scheme.

The symbolic launch of the debt waiver scheme will be held at Mansa where nearly 47,000 eligible beneficiaries -- small and marginal farmers who availed loans from cooperative banks -- will be given debt relief certificates to the tune of Rs 167.39 crore, officials said here.

In the initial phase, the scheme will cover farmers who took loans from 701 Primary Agriculture Cooperative Societies of the five districts-Mansa, Bathinda, Faridkot, Muktsar and Moga.

The chief minister will on Sunday formally launch the farm debt waiver scheme, officials said.

The government has already identified 5.63 lakh farmers, who took loan of nearly Rs 2,700 crore from cooperative institutions as on March 31, 2017, as beneficiaries, said Additional Chief Secretary (Co-operation) D P Reddy and ACS (Development) Viswajeet Khanna while addressing media here.

They said that of these, the process of verification had been completed in case of 3.20 lakh farmers. "As many as 1.60 lakh cases with loans worth Rs 748 crore have been approved pan Punjab, they said. As per the plan, the entire debt waiver process will be completed in four phases." In the first phase, verified marginal farmers will be handed over the debt relief certificates and the rest in subsequent phases, after proper verification.

For eligible farmers who do not have Aadhaar cards or, in the case of mismatch of Aadhaar card seeding either with banks or revenue records, verification will be done manually for their inclusion in the scheme in the second phase, Reddy said.

In case any marginal and small farmer is left out of debt relief scheme, then he can submit his representation to the Assistant Registrar of Cooperative Societies or Sub Divisional Magistrate of concerned district.

The Punjab government had announced farm debt waiver in which loan waiver for up to Rs 2 lakh for small and marginal farmers (up to 5 acres) and a flat Rs 2 lakh relief for all other marginal farmers would be given, thus benefiting over 10 lakh farmers.

Meanwhile, Punjab Congress chief Sunil Jakhar said all the political parties should applaud the CM for waiving debt of farmers despite having "limited means" as promised before the assembly elections.

He said over six lakh accounts of small and marginal farmers who own land up to five acres with up to Rs 2 lakh debt have been identified for the debt waiver scheme.

Jakhar further said that he will also impress upon the government to take care of those small farmers who are not eligible under this scheme on account of having outstanding loan over Rs 2 lakh.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here
India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21 RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21

LATEST NEWS

MTAR Technologies IPO date: Issue opens on March 3, 2021 | Key competitive strengths, risks and more - EXPLAINED

Kartik Aaryan''s ''Dhamaka'' set for an OTT release

Good news for Vi users! Vodafone Idea subscribers to get health insurance benefit on mobile recharges

LIVE: Gujarat District Panchayat Elections Results 2021: Check latest local body polls seats, trends, news updates here

EXCLUSIVE - Maritime Summit 2021: Cochin Shipyard, Shipping Corporation set to emerge as big beneficiaries

PUBG Mobile update: PUBG Mobile New State game may not be launched in India?

Tata Motors delivers 100 Safari units in Delhi/NCR in a single day

LIVE: Gujarat Municipal Election Results 2021: BJP wins 803 seats - Check latest news updates, seat details here

LIVE: Gujarat Taluka Panchayat Elections Results 2021: BJP wins 1036 seats - Check latest news updates, seats details here

LIVE: Gujarat Local Body Elections Results 2021: BJP wins 2085 seats, Congress gets 602 - Check latest trends, seats details, news updates here

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved