Rajasthan Government Announces One-Time Settlement Scheme for Farmers' Loans
Key Aspect | Details |
---|---|
Scheme Name | One-Time Settlement Scheme 2025-26 for farmers with overdue loans. |
Announced By | Rajasthan Government (Primary Cooperative Land Development Banks). |
Beneficiaries | 30,000+ eligible farmers and small entrepreneurs across 36 banks. |
Key Benefit | 100% interest waiver on overdue loans; penalty and recovery charges waived. |
Deadlines | - 25% principal by 30 June 2025.<br>- Remaining 75% by 30 Sept 2025. |
Portal Use | Transparent implementation via a dedicated portal. |
Eligibility Requirement | Farmers must link Aadhaar and mobile number with their bank. |
Financial Outlay | ₹200 crore allocated; state to bear all interest/waiver costs. |
Special Provisions | - Heirs of deceased farmers eligible.<br>- Land auctioned but unsold returned to farmers. |
Contact | Farmers can visit local Land Development Bank branches for details. |