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Farmer Loan Waivers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Punjab Budget: Govt to waive off loans worth Rs 1,186 cr of 113k farmers

The Amarinder Singh-led government in Punjab on Monday presented its last budget with a total size of Rs 1,68,015 crore for 2021-22, making bulk of its provisions for agriculture, urban development, water resources, health and other sectors. Dedicating the state budget to the farmers who are protesting against the Centre s three farm laws, Finance minister Manpreet Singh Badal decided against levying any fresh taxes in the state which will go to the Assembly polls early next year. Announcing the next phase of the Congress-led government s flagship programme crop loan waiver scheme , Badal announced an allocation of Rs 1,712 crore in which Rs 1,186 crore of 1.13 lakh farmers and Rs 526 crore of landless farm workers will be waived.

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