UP sends farmers' details to Centre for waiving off loans

Lucknow, Apr 3 (UNI) Uttar Pradesh was perhaps the first state to send the Centre the details of farmers and amount to be waived as announced by the UPA government in the recent budget proposals.

State Cooperative Minister Swami Prasad Maurya here said the state government had sent the details of the farmers and their loan amount to the Centre under the cooperative societies for their inclusion in the waiver list.

The Centre had announced to give a financial package of Rs 60,000 crore in the country to waive the agriculture loans of small and marginal farmers. Of the total amount, UP is likely to gain the most, as 4 million farmers would be benefitted in the state with a total waiver of Rs 10,000 crore.

Mr Maurya said the proposal had been sent to the Centre for waiving short term loans of 20,30,989 farmers with a total loan amount of Rs 1509.8 crore and long term loans of 17,45,108 farmers worth Rs 3173.81 crore.

''We have sent the proposal to the Centre through NABARD and now, it is their turn to decide and sanction,'' the minister said.

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