Debt waiver: Punjab govt asks banks to provide farmers' detail

Chandigarh
25 Jul 2017

The Punjab government today asked the banks to provide details of 10.25 lakh beneficiary farmers so that it could give a final shape to the farm loan waiver scheme, which was Congress' key poll promise. Under pressure to bring the scheme at the earliest, state finance minister Manpreet Singh Badal today held a meeting with government appointed expert panel and the representatives of public sectors banks and sought their suggestions. The state government had announced to waive crop loan of up to Rs 2 lakh and sought detail of farmers including small and marginal farmers owning land up to five acres from banks. The government has also asked banks to commence this exercise on campaign mode in coordination with district administration to cut any delay. "We today held discussions with banks and asked them to provide us details of 10 lakh beneficiary farmers. We want to know how many of them are small and marginal. We wish these modalities be worked out and in one month time, this scheme be implemented. "We told banks to provide us the personal data pertaining to farmers. Since it is not allowed to share personal data by banks, a consent form will be filled up by farmers, as suggested by banks, in which the data collected will be shared with the government," Badal told reporters after the meeting here. (PTI)