TAD NewsDesk, Jharkhand: The Jharkhand government has decided to waive loans up to Rs 50,000 of the farmers. This move by the government will benefit around 9.07 lakh farmers in the state. The government has got 2,000 crore budgetary sanction for the move in the current fiscal.
About the eligibility criteria for the loan, cabinet secretary Ajoy Kumar said farmers who have paid at least one EMI in this loan tenure period are eligible for the loan.
The loan amounts will be transferred to the farmers’ bank account and they need to provide with their ration card and Aadhar numbers linked to banks. The direct transfer will be made on completion of KYC in concerned bank branch and verification on a mobile phone.
The farmers have to provide their mobile number and Re 1 token money with the application.
The farmers have also approved two schemes; ‘fasal rahat yojana’ and ‘pasudhan yojana’. These schemes aim at aiding farmers who have had crop damage and improve the income of the families involved in cattle farming.
The government decided to get rid of the insurance companies on verification of complaints regarding poor payment of compensations against premiums collected. Instead, the government would compensate the farmers for crop loss under fasal rahat yojana. Rs 100 crore has been earmarked for the purpose in 2020-21.
Moreover, approval has been given to a scholarship scheme for aspirants who wants to study in the United Kingdom and belongs to the ST community. The name and variety have also been selected.
The scholarship amount covers the following expenses:
- Annual tuition fees and
- A maximum of 10,000 pound/sterling against maintenance
- Cost of air passage
- Local travel
Another area of focus would be lac farm management and production. Mr. Ajoy Kumar said it would increase annual income of about 12 lakh farmers by about Rs 5,200 per annum. Fourteen forest farms have been identified for the purpose.
Also, 38,432 anganwadis.is to be established which will provide micronutrient fortified and energy food to the children in the age group of 6 to 36 months (general) and 6 to 72 months (malnourished) besides expecting mothers.
Source: Hindustan Times