New Delhi, June 20 (PTI): Finance Minister Arun Jaitley on Tuesday ruled out any waiver of farm loan and said the Centre will adhere to fiscal targets. The remark came as Punjab became the third state after Uttar Pradesh and Maharashtra to announce waiver of loans given to farmers. The government had in 2008 waived farm loan to the tune of Rs 74,000 crore. He said he would not comment on the loan waivers by states and had already made his position clear last week. ”I have already made the position clear that states which want to go in for these kind of schemes (farm loan waivers) will have to generate them from their own resources.
Source: The Telegraph June 20, 2017 08:26 UTC