Thursday 17 August 2017

Rin Mochan Yojana a loan waiver scheme for small and marginal farmers

Yogi government will give Rs 1,00,000 crop loan waiver to the small and marginal farmers of the Uttar Pradesh. The total 36,359 crores have been allocated for the scheme. Under the Rin Mochan Yojana, loan which is borrowed the financial year 2015-16 to purchase of seeds, fertilizers, and pesticides.

About 8,60,000 farmers of the state will be benefitted in crop loan waiver scheme and about 7,00,000 farmers will be benefitted through the writing off the agriculture sector NPAs. In the first phase, the state government will provide the loan waiver certificates those farmers have the bank account linked to Aadhar Card followed by the remaining farmers. Read More

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