Govt to modify farm loan waiver to suit local conditions: FM

Written by:
Subscribe to Oneindia News

New Delhi, Mar 17 (UNI) Finance Minister P Chidmabaram today assured the nation that the Rs 60,000 crore loan waiver and relief scheme would be modified taking into acount the peculiar conditions of states to benefit the maximum number of distressed farmers.

''We will finalise the scheme in the light of suggestions made in this House, taking into account the peculiar conditions of different states,'' the Finance Minister told the Rajya Sabha while replying to a discussion on the Budget 2008-09.

The scheme would be automatically applicable, leaving no scope for officials to introduce any discriminations, he added.

The House returned the Appropriation Bill to the Lok Sabha after the Finance Minister's hour-long reply.


Please Wait while comments are loading...