more-inIn a surprise move, the BJP government in Rajasthan on Thursday deferred the holding of special camps for distribution of crop loan waiver certificates to farmers at the village cooperative societies in each of the 33 districts in the State. The camps were to be organised on May 26 and 28 to implement the decision for one-time loan waiver up to ₹50,000 each for farmers. The postponement of camps came amid the State government’s desperate attempts to find funds for the loan waiver scheme, which will cost ₹8,000 crore to the State exchequer. Cooperative Minister Ajay Singh Kilak said here on Thursday that Ms. Raje would formally inaugurate the loan waiver scheme by distributing certificates at a State-level function in Banswara on May 31. ‘Scrambling for funds’“The cash-strapped BJP government is scrambling to arrange funds for the farm loan waiver.

Source: The Hindu May 24, 2018 17:43 UTC