Rs 530.06 cr for debt waiver of agriculture borrowers

New Delhi, Jan 17 (UNI) The Cabinet today approved an additional release of Rs 530.06 crore towards waiver of overdue loans to benefit agriculture borrowers in 31 debt stressed districts of Maharashtra, Andhra Pradesh, Karnataka and Kerala.

This is the additional share of the governmet as 50 per cent of the overall financial implication of Rs 3,778.37 crore in this relief package which is the difference between the expected final share of Rs 1,889.19 crore minus the original estimated amount of Rs 1,359.13 crore, Information and Broadcasting Minister Priya Ranjan Dasmunsi said after the Cabinet meeting here.

UNI RT SBA KP1432