No farm loan waiver up to 2 lakh rupees from December 2020 was announced by the Central Government. - FACTLY
Sai Krishna Muthyanolla
December 7, 2020
The link of a YouTube video is being shared on social media with a claim that the Modi government is going to waive off the farm loans up to two lakh rupees from 01 December 2020. Let’s fact-check the claim made in the post.
Claim: Modi government to waive off the farm loans up to two lakh rupees from 01 December 2020.
Fact: No such announcement is made by the Central government. Also, the video in the posted link is related to PM Modi’s address at the inauguration of 750 MW Solar Project in Rewa (MP) on 10 July 2020. PM Modi did not mention any such loan waiver in his address. Hence the claim made in the post is FALSE.
When we searched if the Central government has made any such announcement, no information was found regarding any such farm loan waiver up to two lakh rupees from 01 December 2020. If any such proposal were announced by the government, all the reputed media agencies would have published about it; but no such news reports were found. Also, the video in the posted link does not mention the farm loan waiver. The video is related to PM Modi’s address at the inauguration of 750 MW Solar Project in Rewa (MP) on 10 July 2020. PM Modi did not mention any such loan waiver in his address. The transcript of his address at the inauguration of 750 MW Rewa Solar Project can be read here.
To sum it up, the Central government did not announce farm loan waiver up to two lakh rupees from December 2020.