Which committee has been formed by the Uttar Pradesh Government to implement farm loan waiver decision?
Q. Which committee has been formed by the Uttar Pradesh Government to implement farm loan waiver decision?
Answer: Rahul Bhatnagar committee
Notes: The Uttar Pradesh Government has recently formed an 8-member committee under Chief Secretary Rahul Bhatnagar to implement farm loan waiver decision. The committee would formalise the loan waiver with the banks by April 21, 2017. It will also try to find ways for making payment to the banks by May 15, so that farmers will be in a position to avail of crop loans in 2017. There are 700,000 farmers in the state whose combined Rs 5,630-crore debt has been declared non-performing by the banks; they cannot get new loans.

 

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