Archive · 1 Jul 2025
Punjab Minister Distributes Loan Waivers to SC Families
The Punjab government is helping people by giving them money and forgiving their debts.
A minister gave out certificates that said 505 families from the Scheduled Caste community didn't have to pay back their loans.
This totaled about ₹8.72 crore.
The loans were from before March 31, 2020.
Also, 140 people got letters for the Ashirwad Scheme, which gave each of them ₹51,000.
The government says they are using the state's money to help people who need it most.
Punjab Minister distributed ₹8.72 crore in loan waiver certificates.
505 Scheduled Caste families received the loan waivers.
The waivers covered loans disbursed by PSCFC up to March 31, 2020.
Approval letters worth ₹71.40 lakh were given under the Ashirwad Scheme.
Each beneficiary of the Ashirwad Scheme received ₹51,000.
- Who
- Dr. Baljit Kaur, Cabinet Minister of Punjab
- What
- Distribution of loan waiver certificates and approval letters under the Ashirwad Scheme.
- When
- Tuesday
- Where
- KG Palace, Malout
- Why
- To provide financial relief to Scheduled Caste families and support the needy.
- Loan Waiver Amount
- ₹8.72 crore
- Beneficiary Families (Loan Waiver)
- 505
- Scheme
- Ashirwad Scheme
- Ashirwad Scheme Beneficiaries
- 140
- Ashirwad Scheme Amount
- ₹51,000 per beneficiary
- Loans Covered
- Loans disbursed by PSCFC up to March 31, 2020