May 22, 2018, 7:43 pm IST
News Updates

Rajasthan loan waiver to cost Rs. 8,000cr 

Rajasthan loan waiver to cost Rs. 8,000cr 

 Feb 12, 2018

The Rajasthan Chief Minister, Vasundhara Raje, has announced a 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 a merit basis. As  Raje, who also holds 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 with farmers and complete loan should be waived. 

Raje informed the House that the decision of loan waiver will cost Rs 8,000 crore to the exchequer. She also announced free travel for people above 80 years of age and one attendee on half fare in the state roadways buses. A hike in honorarium to Anganwadi workers, underpass from Ramniwas garden to Delhi road for a better traffic management, biogas plants in cow shelters were among other announcements.

More News

Pick of the Day

About us

In the surfeit of information that inundates us relentlessly, now (24 x 7 so to speak), it is difficult to separate the chaff from the grain. With so much chaff getting into the public domain, the real news happening on the ground becomes hard to make out. We are embarking on this portal in an effort to clarify things and provide focus on the real d ...

Read more


Enter email address to subscribe the newsletter

Copyright © 2017 PENNEWS. All Rights Reserved | Designed by : Tedsys