Cag Report On Farmer Loans

After the government's auditor reported serious problems with a Rs 52,000 -crore scheme intended to help farmers by writing off their debts, the Prime Minister today said, "If irregularities are found, we will take stringent possible action."

The Comptroller and Auditor General's (CAG) final report on the farm loan waiver scheme has been tabled in Parliament. Announced by the UPA-I government in 2008, the scheme had written off debt of almost 4 crore farmers totalling to about Rs 52,000 crore.

After the government's auditor reported serious problems with a Rs 52,000 -crore scheme intended to help farmers by writing off their debts, the Prime Minister today said, "If irregularities are found, we will take stringent possible action."

The Comptroller and Auditor General's (CAG) final report on the farm loan waiver scheme has been tabled in Parliament. Announced by the UPA-I government in 2008, the scheme had written off debt of almost 4 crore farmers totalling to about Rs 52,000 crore.