Rajasthan Rin Mafi Yojana – Over 33,000 Farmers Got 95 Crore Loan Waiver Benefit

Rajasthan Rin Mafi Yojana – Chief Minister Vasundhara Raje’s decision to give a crop loan of Rs 50,000 to the farmers of the state seems to be beneficial in every sense. According to the report released, till now, certificates of crop loan of Rs. 94.34 crores have been distributed to 33 thousand 134 farmers across the state. Not only this, the kharif loan of Rs. 2 thousand 371 crore has been given to the farmers for Kharif crop cycle so far. Only new loans for farmers are being sanctioned during the loan-relief camp. Through this, the state government is giving double help to the farmer.

Rajasthan Rin Mafi Yojana

In this regard, Cooperative Minister Ajay Singh Kilak said that the loan waiver scheme implemented by Chief Minister Vasundhara Raje in the interest of farmers is unique in the country itself. In this scheme not only has the farmer not only forgiven the crop loan up to Rs. 50 thousand but for the sake of saving his future, loan applications are being made in the camp for the kharif crop.

Under the scheme, the loan amount of Rs. 70.27 crore has been waived, amounting to Rs. 2.86 crores and penalty of Rs. 42.63 lacs in the amount of loan amount of 25676 small and marginal farmers. Another loan of 7458 farmers is waived off of Rs 20.09 crores.

Kilak said that the farmer can apply and accept additional new loans up to basic debt forgiveness. After the original loan waiver, the same amount of loan is being re-approved to the farmer after depositing the remaining outstanding loan.

Insurance Cover of 10 Lakh to New Loan Holders Under Rajasthan Rin Mafi Yojana

In the camps, farmers are being sanctioned according to their eligibility and for the application of new loans by 3,652 farmers, crop loans of more than Rs 16.48 crore have also been approved. The new borrowers are being given the benefit of accident cover of Rs. 10 lakhs under the Raj Sahkar Personal Accident Insurance Scheme.

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