What is the farmer loan waiver scheme?Benefits, Conditions and Application Process Kisan Karj Mafi Yojana

Kisan Karj Mafi Yojana: The Uttar Pradesh government had launched the farmer loan waiver scheme in view of the economic problems of the farmers.Chief Minister Yogi Adityanath ji took this step to help the small and marginal farmers who are unable to repay the bank's debt due to natural disaster, crop failure or not getting a fair price in the market.The objective of this scheme is to free farmers from debt burden and encourage them towards farming.

Who are the beneficiaries?

This scheme is mainly for the farmers of Uttar Pradesh who have taken a loan from the bank or Kisan Credit Card (KCC) for agricultural work.In this, priority is given to marginal and small farmers.Farmers who do not have any other permanent income means other than farming come under the purview of the scheme.

Eligibility conditions

Some necessary conditions have been fixed to get the benefit of the scheme -

How much amount will be forgiven?

Under the scheme, farmers' agricultural loans up to a maximum of ₹ 1 lakh are waived.This arrangement has been made so that more and more farmers can benefit from the limited amount of the government.

Key features of the scheme

Beneficiary list and selection process

After applying, all applications are examined.The names of eligible farmers are included in the beneficiary list.