Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath in his first cabinet meeting announced around 86 lakh small and marginalised farmers will benefit from the Rs 1 lakh loan waiver.
Yogi Adityanath led UP-government will spend around Rs 36,000 crore to fund the farm loan waiver.
According to the proposal approved by Yogi Cabinets, farmers who have to pay loans up to Rs 1 lakh will be free of the burden now.
The Yogi Cabinet has also approved the proposal to buy 100% wheat crop of farmers across the state.