Would India explain what qualifications farmers need to be eligible for the Agricultural Debt Waiver and Debt Relief Scheme?
Reply: Only small and marginal farmers (i.e. farmers holding up to 2 hectares of land) were eligible for complete waiver of all loans that were overdue on 31 December 2007 and which remained unpaid until 29 February 2008. Other farmers were eligible for a one time settlement (OTS) to get rebate of 25% upon payment of balance of 75% of outstanding loan.
