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In the run-up to the Rajasthan Assembly elections in 2018, then Congress president Rahul Gandhi had mentioned that if voted to energy, the get together would waive off farmers’ loans inside 10 days.
With the Ashok Gehlot authorities finishing two years on December 17, greater than 20 lakh farmers have acquired a waiver for the cash they borrowed from state cooperative banks. However, the waiver for loans taken from nationalised and business banks stays in limbo.
State Cooperative Minister Udaylal Anjana advised The Indian Express, “It’s true the waiving off of loans availed from scheduled banks hasn’t occurred but. The authorities has held just a few conferences with business banks however they’re unwilling…
A high official from the state-level bankers’ committee (SLBC), Rajasthan advised The Indian Express that just a few conferences have been held between the federal government and the banks however to this point talks stay inconclusive.
Criticising the federal government, Pema Ram, Rajasthan president of the All India Kisan Sabha, mentioned, “Ninety per cent of the farmers avail loans from the commercial banks rather than cooperative banks. That is why a waiver of commercial bank loans would be more beneficial for farmers.”
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