No Proposal Under Consideration To Waive Farmer Loans, Parliament Told

In a written reply to the Lok Sabha, Minister of State for Finance Bhagwat Karad said the Centre has not implemented any farm loan waiver scheme since ''Agriculture Debt Waiver and Debt Relief Scheme (ADWDRS), 2008''.

The government on Monday said there is no proposal under consideration to waive loans of farmers, including Scheduled Caste and Scheduled Tribe farmers. In a written reply to the Lok Sabha, Minister of State for Finance Bhagwat Karad said the Centre has not implemented any farm loan waiver scheme since ''Agriculture Debt Waiver and Debt Relief Scheme (ADWDRS), 2008''. "There is no proposal under consideration of the Government of India to waive off the loans of farmers including Scheduled Caste and Scheduled Tribes farmers in the country," the Minister said. Mr Karad also listed major initiatives taken by the government and the Reserve Bank of India to reduce the debt burden of farmers and for welfare of the people engaged in agriculture, including those belonging to Scheduled Castes and Scheduled Tribes.