Categories: Chandigarh

Heavy Debt Agriculture: RS 71.305CR in PB, RS 78,311CR in Hry

Chandigarh: In the Punjab assembly process when the question is appointed to the promise of the election of the state government from the neglect of complete agricultural loans to almost 15 Lakh farmers in the state, in accordance with the National Bank for Agriculture and Rural Development (Nabard) more than 21.49 Bank Lakh Punjab account has a loan Amazing agriculture of Rs 71,305 Crore.
The State Union Minister for Finance Bhagwat Karad shared this information in a parliamentary rainy season session on Monday.
However, Karad explained, “There are no proposals considered by the union government to release agricultural loans.” In neighboring Haryana, there are 44.95 Bank Lakh accounts that have extraordinary agricultural loans from Rs 78,311 Crore on March 31 this year.
More than 5.55 lakh farmers in Himachal Pradesh have to repay agricultural loans of Rs 9,605 Crore and 78,642 people living in UT Chandigarh have an extraordinary agricultural loan from Rs 2,449 Crore.
Ahead of the election of the 2017 Punjab Council, Congress has promised to release loans from 15 Lakh farmers if they choose power.
After the Congress government took over in March 2017, it watered the scheme and had a loan raised to a date from 5.64 lakh farmers, with a total of 4,624 crore Rs.
Then the Punjab government decided to offer the neglect of agricultural loans to small and marginal farmers who own two hectares of agricultural land, have extraordinary loans to RS 2 Lakh, not recipients of income tax and are not used in the public sector of employment.
The highest number of 54,444 recipients of agricultural loans in Punjab are in the Sangrur district, and they have been disbursed by Rs 370.38 Crore to date.
As many as 46,534 farmers in Ludhiana have received neglect of agricultural loans from Rs 381 Crore, followed by 43,078 in Patiala (RS 365 Crore) and 42,014 in Bathinda (RS 275 Crore).

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