Various state governments are running loan waiver or debt relief schemes to provide financial relief to farmers. These schemes aim to offer financial assistance and clear their debts, helping farmers overcome economic difficulties and achieve financial stability through better agricultural production.
Under these loan waiver schemes, a portion of the farmers’ debts, or sometimes the entire amount, is forgiven based on their financial condition. This initiative is intended to support farmers’ economic wellbeing and ease their financial burdens.
State governments have introduced these loan waiver schemes to benefit farmers and provide them with economic assistance. These schemes have led to financial relief for farmers and resolved future economic issues. After receiving loan waivers, farmers can obtain new loans to continue their agricultural activities. Loan amounts ranging from ₹100,000 to ₹200,000 have been waived by various state governments.
In Uttar Pradesh, for example, the state government had already waived loans up to ₹100,000 in 2017. Currently, the government is accepting new applications for the loan waiver scheme, and it is expected that loans up to ₹200,000 may be waived this time.
If you are a farmer from Uttar Pradesh, you can apply for the loan waiver scheme to have loans up to ₹200,000 waived. This scheme is available only to small and marginal farmers, and eligibility criteria have been set by the government. Farmers who meet the specified criteria will benefit from this scheme.
How to Check Your Name on the Loan Waiver List
State governments often start official portals for loan waivers. You can visit the official loan waiver portal of your state government to check if your name is on the beneficiary list. Below is a step-by-step guide on how to check the beneficiary list on the Uttar Pradesh government’s loan waiver scheme portal:
- Visit the official website of the Uttar Pradesh loan waiver scheme.
- On the homepage, click the ‘Beneficiary List 2024’ button.
- Select your district from the options provided.
- Choose your tehsil, block, office, and village panchayat, then click the ‘Submit’ button.
- The beneficiary list under the loan waiver scheme will be displayed.
- You can view your name on this list and download it to your mobile or computer.
If your name appears on the list, you can benefit from the government’s loan waiver scheme.