The Punjab Chief Minister Captain Amarinder Singh yesterday during his speech in the Vidhan Sabha announced total waiver of entire crop loans up to Rs. 2 lakh for small and marginal farmers up to 5 acres, and a flat Rs. 2 lakh relief for all other marginal farmers, irrespective of their loan amount.
He said that the move would benefit a total of 10.25 lakh farmers, including 8.75 lakh farmers up to 5 acres. The initiative would provide double the relief announced by the states of Uttar Pradesh and Maharashtra, he pointed out.
The state government has also decided to raise the exgratia for suicide affected families to Rs. 5 lakh from Rs.3 lakh.
Captain Amarinder informed the House that his government had already decided to repeal Section 67A of the Punjab Cooperative Societies Act, 1961, which provides for auction/ kurki of farmers' land.
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