No Nationwide Farmer Loan Waiver: Centre Rejects Proposal, Cites Alternative Support

• The central government has no plans for a complete nationwide loan waiver for farmers, as stated in Lok Sabha.
• Union Finance Minister Nirmala Sitharaman clarified this in response to a question by MP Hanuman Beniwal.
• Government focuses on improving farmers' economic condition through schemes like Kisan Credit Card, PM Fasal Bima Yojana, and PM Kisan Nidhi.
• Short-term loan limit without guarantee increased from 1.60 lakh to 2 lakh rupees.
• Rajasthan farmers owe 1.44 lakh crore to Scheduled Commercial Banks, 30,069 crore to Regional Rural Banks, and 18,032 crore to Rural Cooperative Banks.

Key Questions Answered

Why did the central government refuse a nationwide loan waiver for farmers?

The central government has refused a nationwide farmer loan waiver, stating it is working on other methods to improve farmers' financial situations.

What alternative schemes are helping farmers instead of loan waivers?

Instead of loan waivers, schemes like PM-KISAN, PMFBY, KCC, and PMKSY are supporting farmers. These initiatives provide financial aid, crop insurance, and credit facilities.

How much debt do Rajasthan farmers owe to various banks?

Rajasthan farmers owe Rs 192,524 crore to various banks as of December 31, 2025.