CHANDIGARH: Haryana Chief Minister Bhupinder Singh Hooda on Friday announced waiving of interest on cooperative loans of small farmers, petty shopkeepers and artisans.
He said the government is also considering how to waive the remaining debt of these poor people.
The Chief Minister, who was addressing a public meeting at Narnaund in Hisar district, said the scheme to waive interest on cooperative loans was aimed at benefiting the poor to the tune of Rs 830 crore.
Referring to implementation of the scheme under which arrears of electricity bills to the tune of Rs 1600 crore were done away with by the government, he recalled that former Chief Minister Devi Lal had waived loan amounting to Rs 28 crore only.
Never in the history of independent India, he said, any state government had ever waived arrears of Rs 1,600 crore.
Hooda said the state budget for next financial year, to be presented in the assembly in March, would be of not less than Rs 6,600 crore.
He said the government is also considering how to waive the remaining debt of these poor people.
The Chief Minister, who was addressing a public meeting at Narnaund in Hisar district, said the scheme to waive interest on cooperative loans was aimed at benefiting the poor to the tune of Rs 830 crore.
Referring to implementation of the scheme under which arrears of electricity bills to the tune of Rs 1600 crore were done away with by the government, he recalled that former Chief Minister Devi Lal had waived loan amounting to Rs 28 crore only.
Never in the history of independent India, he said, any state government had ever waived arrears of Rs 1,600 crore.
Hooda said the state budget for next financial year, to be presented in the assembly in March, would be of not less than Rs 6,600 crore.
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