Debt waiver for farmers hiked by 20%

The government has hiked the provisions for debt waiver for farmers by about 20 per cent to Rs 71,680 crore, a move that would enlarge the scope for relief for peasants. The decision to increase the debt waiver amount from Rs 60,000 crore, announced in the Union Budget for 2008-09, was taken at the meeting of the Cabinet presided over by Prime Minister Manmohan Singh.

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