Debt waiver for farmers hiked to Rs71,680 cr

Debt waiver for farmers hiked to Rs71,680 cr
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First Published: Fri, May 23 2008. 01 03 PM IST
Updated: Fri, May 23 2008. 01 03 PM IST
PTI
New Delhi: The government today hiked the provisions for debt waiver for farmers by a hefty about 20% to Rs71,680 crore, a move that would enlarge the scope for relief for peasants.
The decision to increase the debt waiver amount from Rs60,000 crore, announced in the Union Budget for 2008-09, was taken at the meeting of the Cabinet presided over by Prime Minister Manmohan Singh.
Congress General Secretary Rahul Gandhi has been suggesting enlargement of the scheme to include more farmers for some time.
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First Published: Fri, May 23 2008. 01 03 PM IST