The Punjab government has announced to waive farm loans worth Rs 1,186 crore of 1.13 lakh farmers and Rs 526 crore of landless farmers in 2021-22. The announcement was made by state's Finance Minister Manpreet Singh in the Assembly. The minister also proposed in the Budget to raise old age pension from Rs 750 to Rs 1,500/month and grant under Shagun scheme to Rs 51,000.
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