Chandigarh, June 4 -- The Punjab cabinet on Tuesday gave its nod to waive loans amounting Rs.67.84 crore, taken by around 4,727 Dalit families from the Punjab scheduled castes land development and finance corporation (PSCFC), chief minister Bhagwant Mann said.

A spokesperson of the chief minister's office said the cabinet granted ex-post facto approval for the waiver of loans, disbursed up to March 31, 2020.

It will benefit all 4,727 families, including 4,685 that had defaulted on the loan. Beneficiaries who have previously availed benefits under waiver schemes are also eligible for coverage under this initiative. However, those who have filed court cases against the corporation will not be eligible unless they withdraw their cases.

No...