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SchemeArchiveFriday, 29 February 2008

Agricultural Debt Waiver and Debt Relief Scheme, 2008

Cite this
Citations are auto-generated; verify before publishing. The scheme classification is PolicyDhara's, not the source's.
Government scheme — a structured programme with defined beneficiaries, budget allocation, and delivery mechanisms. The primary instrument for delivering welfare and development outcomes.
Summary
Waived loans of approximately 3.6 crore small and marginal farmers at a cost of Rs 71,680 crore. One of the largest farm debt waiver programmes in Indian history, covering both direct and indirect agricultural loans.
Key Facts
TypeScheme
SourceHistorical Record
PublishedFriday, 29 February 2008
Affected Population~150 million farming households, 42% of workforce
Key Numbers
Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of Agriculture & Farmers WelfareICARFCIMinistry of FinanceRBI
Key Stakeholders
FarmersFPOsAgri-Input IndustryTaxpayersBanks & NBFCsInvestors
Government Context
UPA ICongress-led UPA
Centre-Left
LeftCentreRight
Amendment History
1 change recorded for this policy.
SectorsTuesday, 11 August 2026via historical
Agriculture
Agriculture, Finance & Economy
Explore Sectors
Agriculture47 tracked→Finance & Economy671 tracked→
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