Punjab Government has identified 3.26 lakh marginal farmers for issuance of debt relief farmers during May, as a part of its efforts to complete the entire process of farm loan relief to 10.25 lakh farmers before November this year.
Chief Minister Capt Amarinder Singh has directed the officials of concerned departments to hold Tehsil-level functions to expedite relief disbursement among the beneficiaries identified for waiver of loans from the cooperative banks.
He also added that the Ministers and the party MlAs will hand over loan waiver certificates to the beneficiaries at the Tehsil level functions.
“In the next phase, farmers who had availed crop loan from public sector banks and other commercial banks would be covered under the scheme,” said Capt Amarinder. The state Finance Department had been holding meetings with the Bankers’ Committee to procure data of such banks to ascertain the eligibility of their farmers, he said adding that once the data is in place, the loan amount would be released to these banks, with the Government committed to the complete roll-out of the scheme by October 31, 2018.