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The Economic Times
The Economic Times

No proposal for one-time waiver of loans of small, marginal farmers: MoS Finance

New Delhi: The government has no proposal for a one-time waiver of loans of small and marginal farmers, Parliament was informed on Monday.

To provide relief to borrowers in distress, the Reserve Bank of India has issued Master Direction on Resolution of Stressed Assets, 2025 dated November 28, 2025 (updated as on July 1, 2026) which provides lenders the discretion to undertake financial restructuring of borrowers under stress, based on their Board approved policies and regulatory guidelines, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha.

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