Archive · 23 Jul 2025
Govt Rules Out Agricultural Loan Waiver Despite ₹28.5 Lakh Crore Dues
The Indian government has stated that it will not be forgiving any of the agricultural loans currently outstanding.
Farmers owe over ₹28.5 lakh crore in loans, and there are millions of accounts.
The government is assisting farmers with credit through programs like the Kisan Credit Card, which provides subsidized interest rates.
Several members of parliament questioned the government regarding loan waivers and the link between the loans and farmer suicides.
The government said it did not have specific reasons for farmer suicides.
The Indian government has ruled out any agricultural loan waivers.
Outstanding agricultural loans total over ₹28.5 lakh crore as of March 31, 2025.
These loans are spread across 1,762.96 lakh accounts.
The government has implemented measures to aid farmers, including subsidized interest rates.
Tamil Nadu, Andhra Pradesh, and Maharashtra have the highest outstanding agricultural loans.
- Who
- The Indian government.
- What
- The Indian government has ruled out agricultural loan waivers.
- When
- As of March 31, 2025.
- Where
- India
- Why
- The government did not provide a reason.
Farmers
Government
Credit Score
Farmers
Some farmers urge the government to revoke the order linking credit score to crop loans.
Government
The government has not announced a plan to revoke the order
- Outstanding Loans
- ₹28,50,779.43 crore
- Loan Accounts
- 1,762.96 lakh
- Loan Waiver Plan
- No
- Tamil Nadu Loans
- ₹4,03,367 crore
- Andhra Pradesh Loans
- ₹3,08,716 crore
- Maharashtra Loans
- ₹2,60,799 crore
- Uttar Pradesh Loans
- ₹2,28,560 crore
- Karnataka Loans
- ₹2,22,301 crore