Contingency fund hiked by Rs.10K-cr for farm loan waiver
Mumbai, Feb. 20 -- The state cabinet on Wednesday raised the limit of the contingency fund by Rs 10,000 crore to allow for immediate disbursement of loan waiver for farmers with an outstanding amount of upto Rs 2 lakh. Contingency fund is used for government's unforeseen expenditure and its limit is Rs 150 crore. It will now be hiked to Rs 10,150 crore for payment of the loan waiver....
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