New Delhi: Union Finance Minister Arun Jaitley today made it clear that the Central Government was not going to fund for farmer’s loan waiver to the State Governments.
He said the states willing to go in for the farm loan waiver will have to generate funds from their own resources.
Replying to a query related to the announcement made by the Maharashtra Chief Minister Devendra Fadnavis to waive off the loan of the farmers to the tune of Rs 30,000-crore, the Finance Minister told reporters after a review meeting with the chiefs of Public Sector Banks (PSBs), that it was up to the State Government.
Earlier, the Uttar Pradesh Government had announced Rs 36,000-crore loan waiver.
At that time also, the Finance Minister had made it clear that states wouldn’t get financial assistance from Centre on this count.
