Loan Waiver Scheme: A wonderful scheme is being run by the Central Government to compensate the losses of the farmers. For this, the PM Crop Insurance Scheme is being operated. Actually, the loans of farmers are being waived off by the government. In this regard, the government has implemented this scheme. Last year, crops worth crores of rupees of farmers were ruined. After which, the farmers have suffered a lot of loss. Farmers are demanding a loan waiver from the state and central government. The government is helping the farmers in this regard.

Let us tell you that the government’s farmer loan waiver scheme is an important step. The aim of the government is to free the farmers from loans. This scheme is for those farmers who have taken a loan from the government. Under this scheme, the government has now waived off the loans of lakhs of farmers.

Read Here: Cheapest ADAS Cars In India 2025 – Full List of Budget Cars Offering Advanced Driver Assistance Features

You can avail benefits like this

To participate in this government scheme, farmers will have to fulfill certain conditions. They do not own four-wheelers, tractors, or motor cars. Apart from this, the age of the farmer should be more than 21 years.

How to apply

Farmers can apply online to avail the loan waiver scheme. For this, first you will have to visit the official website of the Agriculture Department. After this, you will have to click on the option of the loan waiver scheme. After clicking, you will have to click on new registration. After this, you will give the requested information on the portal present there. Important information like name, bank account information, and loan will have to be given. After this, the necessary documents will also have to be uploaded. After this, you have to click on the submit option and complete the application process.

Read Here: POCO F8 Pro Phone Specs Launching Soon, Best For Gamers, It May Get 7100 mAh Battery & 100W Fast Charging

This is an important document

Talking about the necessary documents, the scheme will require documents like Aadhar Card, last 6 months bank statement, loan documents, income certificate, land documents, Kisan Credit Card, etc.