Decision to Waive off Farm Loans Step Towards Fulfilling Congress' Commitment to Farmers: Pilot

Rajasthan Deputy Chief Minister Sachin Pilot Wednesday said the government's decision to waive off farm loans was the step towards fulfilling the commitment of the Congress party to farmers of the state.

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Jaipur, Dec 19 (PTI) Rajasthan Deputy Chief Minister Sachin Pilot Wednesday said the government's decision to waive off farm loans was the step towards fulfilling the commitment of the Congress party to farmers of the state.

"Our government has announced the loan waiver as per the promise of party president Rahul Gandhi," Pilot said Wednesday night.

Two days after being sworn in, the Congress government in Rajasthan Wednesday waived short-term crop loans from cooperative banks and loans of up to Rs 2 lakh taken by farmers from other banks.

"This will put a burden of Rs 18,000 crore on the exchequer," Chief Minister Ashok Gehlot told reporters.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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