An official said on Tuesday that the Rajasthan government will develop a new bill in a month to block the auction of land owned by small and marginal farmers. Once the law is in effect, the official stated that a loan relief commission would be established.
Due to a load of debts, small and marginal farmers, landless labourers, and farmers from disadvantaged groups frequently have difficulties. According to Principal Secretary (Cooperative) Shreya Guha, the Rajasthan Farmers Loan Relief Act would be introduced, and a commission will be established, to give relief from loan burdens and prevent the auction of their land.
Guha gave the order to prepare the Rajasthan Farmers Loan Relief Act within one month during a departmental meeting on Tuesday held in conjunction with the implementation of the budget announcement 2023–24. She gave the registrar cooperative the order to set up a committee right away.
According to a statement she made, the state’s farmers will receive a Rs 22,000 crore interest-free crop loan in 2023–2024. She stated that cooperative banks in rural areas will provide 1.50 lakh people with interest-free loans worth Rs 3,000 crore for non-agricultural sectors like handicrafts, small-scale businesses, spinning-weaving, dyeing-printing, and retail stores.
According to Guha, the state’s 7,282 Primary Agricultural Credit Societies (PACS) would all be computerised. The 1963 PACS were chosen for the first phase.
She stated that instructions have been given to present the action plan after selecting the cooperative societies for the construction of godowns in the purchase and sale cooperative societies and village service cooperative societies in order to increase the storage capacity of the cooperative societies.
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