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Centre not considering farm loan waiver: Jaitley

Union Finance Minister Arun Jaitley on Tuesday reportedly said the Centre is not considering any proposal for farm loan waiver. Jaitley reportedly said “There is no such proposal. We have got FRBM (Fiscal Responsibility and Budget Management) Act and fiscal deficit target, we intend adhering to it.” Farmers in many states are in distress due to sharp fall in prices in both domestic and global market and are agitating, seeking higher support prices for their produce as well as waiver of loans.

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