State Budget to Announce Farmer Debt Relief Scheme: Rs 35,000 Crore Needed

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News18•19-02-2026, 08:30
State Budget to Announce Farmer Debt Relief Scheme: Rs 35,000 Crore Needed
- •State government plans an ambitious 'Farmer Debt Relief Scheme' requiring an estimated 35,000 crore rupees.
- •Official announcement expected in the upcoming budget session, focusing on long-term farmer empowerment.
- •Scheme emphasizes 'debt relief' over a one-time loan waiver, allocating 20,000 crore for small farmers and those affected by calamities.
- •Incentives of up to 20,000 crore rupees considered for farmers who regularly repaid loans between 2021-2025.
- •A committee led by Praveensinh Pardeshi is finalizing the framework, collecting loan data from various banks.
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