debt traps

Centre to give interest-free loans to farmers: Ram Vilas Paswan

The Centre has decided to raise Rs 6,000 crore to provide interest-free loans to farmers so that they do not have to go to moneylenders and fall into debt traps, Union Minister Ramvilas Paswan today said. Under the proposed farm loan disbursal mechanism, the farmers will get loan without paying interest which will be borne by the central government, the Union Food and Consumer Affairs Minister said here. Paswan was