The total outstanding crop loans of 5.7 lakh marginal farmers alone stands at Rs 9,845 crore. Only 4.2 lakh marginal farmers have outstanding crop loan of up to Rs 2 lakh. There are 1.1 lakh loan accounts of farmers who have outstanding crop loan between Rs 2 lakh and Rs 5 lakh, amounting to Rs 3,189 crore. CROP LOANS OF ALL FARMERS RS 60,000 CRThe crop loans of all farmers, including those with more than five acres of land, stands close to a staggering Rs 60,000 crore! “The decision to write off crop loans first was taken as marginal and small farmers take advances from arhtiyas to pay off crop loans.

Source: Hindustan Times July 16, 2017 03:45 UTC