The Jharkhand government on December 23, 2020 decided to waive all agriculture and farm loans up to Rs 50,000.
- The scheme will benefit about 9.07 lakh farmers in the state.
- Those farmers who have paid at least one EMI in the loan tenure period will be eligible.
- Both landowners and landless farmers will be eligible.
- The government has got Rs 2,000 crore budgetary sanction for the move in the current fiscal.
- The farmers will have to submit their ration card and Aadhar numbers linked to banks to which the loan amount will be transferred under direct benefit transfer (DBT) upon completion of KYC in concerned bank branch.
