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PM announces relief for farmers
New Delhi, Dec 18: As a one-time measure to mitigate farmers` hardship, government has decided to waive completely the first year`s deferred liability of interest on Kharif loans, Prime Minister Atal Bihari Vajpayee announced in Lok Sabha today.
New Delhi, Dec 18: As a one-time measure to
mitigate farmers' hardship, government has decided to waive
completely the first year's deferred liability of interest on
Kharif loans, Prime Minister Atal Bihari Vajpayee announced in
Lok Sabha today.
Making a Suo-Moto statement in Parliament, the Prime
Minister said, "Such of our citizens as having availed of this
facility shall be entitled to obtain an endorsement of this
waiver directly from their loaning bank."
Appropriate guidelines in this regard will be issued by
the reserve bank of India, Vajpayee said.
Bureau Report
Bureau Report