Punjab Govt waives off loan of borrowers of Scheduled Castes, Backward Classes, Land Development & Finance Corportations

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Punjab Govt waives off loan of borrowers of Scheduled Castes, Backward Classes, Land Development & Finance Corportations
Punjab Govt waives off loan of borrowers of Scheduled Castes, Backward Classes, Land Development & Finance Corportations

Payal MLA Lakhbir Singh Lakha distributes debt relief certificates to the beneficiaries

The Hush Post, Payal (Khanna): The Capt Amarinder Singh led Punjab government has already fulfilled its promise by waiving off the loan of farmers owning less than 2.5 acres of land and others. Now, the state government has started the process of waiving off the loan of borrowers of the Punjab Scheduled Castes Land Development and Finance Corporation (PSCLDFC) and the Punjab Backward Classes Land Development and Finance Corporation (PBCLDFC).

Payal MLA Lakhbir Singh Lakha distributing debt relief certificates.
Payal MLA Lakhbir Singh Lakha distributing debt relief certificates.

Payal MLA Lakhbir Singh Lakha today distributed debt relief certificates worth Rs 32,64,466 to 95 such borrowers of Payal constituency at a function. In today’s debt relief function, 70 borrowers were of Punjab Scheduled Castes Land Development and Finance Corporation while 25 of Punjab Backward Classes Land Development and Finance Corporation.

While addressing the function, MLA Lakhbir Singh Lakha said that the Punjab government has started the process of benefitting the farmers as well as non-farmers by waiving off their loans. He said that in the initial phase, the debt of farmers owning less than 2.5 acres of land was waived off, while now, the state government is waiving off the debt of small farmers. He said that soon, the debt of farmers taken from commercial banks would also be waived off.

Lashing out at the previous Shiromani Akali Dal-Bharatiya Janta Party led Punjab government, MLA Lakha said that the previous government did nothing for waiving the loan of distressed farmers. He stated that the Congress government in the state would continue to benefit the farmers by waiving off their loans.

He appealed to the people of the state to give some time to the Congress-led Punjab government for making the economic position better. Prominent among those present on the occasion included Welfare Department Deputy Director Sushil Kumar, District Manager Manju Bala, besides several others. Manju Bala informed that very soon, another such function would also be organised in Samrala.

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