373 Crore Farmers benefitted to the Extent of Rs. 52,259.86 Crore under Awards

Under the Agricultural Debt Waiver and Debt Relief Scheme(ADWDRS), 2008, 3.73 crore farmers were benefitted to the extent of Rs. 52,259.86 crore.

The Scheme has de-clogged the line of credit that were clogged due to the debt burden on the farmers and made them eligible for fresh loans.

To ensure that only eligible farmers are covered under the Scheme, every lending institution was made responsible for the correctness and integrity of the list of farmers eligible under the Scheme. The guidelines also provided for publication of list of beneficiaries, audit by concurrent, statutory or special auditors, grievance redressal mechanism, etc.

This was stated by the Minister of State for Finance, Shri Namo Narian Meena in a written reply to a question in the Lok Sabha today.

DSM/RS/ka

(Release ID :92458)