New Delhi, Dec 31 (IANS) Prime Minister Narendra Modi on Saturday announced a 60-day interest waiver for farmers who have taken loans from district co-operative banks and co-operative societies.
"The government has decided to waive 60-days interest waiver for loans taken by farmers who have taken loans from district co-operative banks and co-operative socities for the Rabi sowing season," the Prime Minister said in his address to the nation.
"The cost of the 60-day interest waiver will be directly transferred to the farmers account."
Prime Minister Modi addressed the nation a day after the nearly two-month long demonetisation exercise came to end.
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