# Himachal Pradesh to Pay Half the Interest on Farm Loans, Protecting 6,356 Farmers from Land Auction > The Himachal Pradesh government has announced an agricultural loan relief scheme under a one-time settlement policy, under which the state will bear 50 percent of the outstanding interest on farm loans of up to ₹3 lakh per farmer. Around 6,356 farmers whose land is at risk of auction due to loan defaults are expected to benefit, backed by a ₹50 crore government allocation. **Type:** article · **Category:** Himachal Pradesh · **Published:** 2026-06-29 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/himachal-pradesh/jamina-nilami-se-bachenge-himachal-ke-kisana-sukhu-sarakara-50-karora-se-chukaegi-adha-byaja-3580 · **Language:** English **Tags:** Agricultural Loan Relief, Himachal Pradesh, Sukhu Government, Farmer Scheme, One-Time Settlement, Interest Subsidy, Natural Farming, Agriculture Policy Farmers in Himachal Pradesh crushed under the weight of agricultural debt are set to receive meaningful relief as the state government launches a new scheme under a one-time settlement policy. The initiative is designed specifically to help farmers whose land is on the verge of being auctioned by financial institutions because of unpaid loan dues, offering them a structured path out of the debt crisis. ## What the Scheme Offers The government will absorb 50 percent of the outstanding interest on agricultural loans of up to ₹3 lakh per farmer. Approximately 6,356 farmers across the state are expected to benefit from this relief. To fund the programme, the government has set aside ₹50 crore. ## Implementation Through Cooperative Banks Two cooperative institutions have been assigned to execute the scheme on the ground: the Himachal Pradesh State Cooperative Agriculture and Rural Development Bank, and the Kangra Cooperative Agriculture and Rural Development Bank. Branches of these banks will identify eligible farmers, prepare their lists, and ensure that the interest subsidy reaches the correct beneficiaries without delay. ## Chief Minister's Statement Chief Minister Thakur Sukhvinder Singh Sukhu said that farmers are the backbone of the state's economy and their welfare is the government's foremost priority. He acknowledged that many farmers have been facing grave financial hardships due to adverse conditions, and said the government has decided to provide this one-time relief to all eligible farmers as a direct response to their distress. ## Relief from the Threat of Land Auction The scheme directly addresses one of the most pressing fears among debt-ridden farmers: the risk of their agricultural land being put up for auction by financial institutions. With the state taking on half the interest burden, farmers will find it considerably easier to regularise their loan accounts. This is expected to ease their financial stress and allow them to continue farming without interruption. ## Swift Rollout Ordered Chief Minister Sukhu has directed all concerned departments and financial institutions to put the scheme into effect as quickly as possible, so that eligible farmers receive the benefit in time. He reaffirmed the government's commitment to shielding farmers from economic hardship and to strengthening the agricultural sector through every available means. ## Natural Farming Gets a Boost Alongside this debt relief initiative, the state government is also actively promoting natural farming. Historic support prices are being extended for crops grown without chemical inputs, producing a dual benefit: consumers gain access to chemical-free food products, while farmers and the broader rural economy experience a steady rise in income. Chief Minister Sukhu said the government is working with full commitment to ensure prosperity and long-term stability through agriculture in Himachal Pradesh, while protecting the interests of farmers at every step. ## What this means for you - **Across India:** This scheme could encourage other state governments to adopt similar one-time settlement policies for debt-stressed farmers, providing a workable model for tackling agricultural debt distress nationally. - **In Himachal Pradesh:** Around 6,356 farmers facing the threat of land auction will have 50 percent of their outstanding interest on loans up to ₹3 lakh paid by the state government, directly protecting their land and livelihoods. ## Questions & Answers ### 1. How many farmers in Himachal Pradesh will benefit from this agricultural loan relief scheme? Around 6,356 farmers across the state are expected to benefit from this scheme. ### 2. What percentage of outstanding loan interest will the government pay on behalf of each farmer? The state government will cover 50 percent of the outstanding interest on agricultural loans of up to ₹3 lakh per farmer. ### 3. How much money has the government allocated for this scheme? The government has set aside ₹50 crore to fund the scheme. ### 4. Which banks will implement this scheme? The scheme will be implemented through the Himachal Pradesh State Cooperative Agriculture and Rural Development Bank and the Kangra Cooperative Agriculture and Rural Development Bank. ### 5. Which farmers will benefit the most from this initiative? Farmers whose agricultural land is at risk of being auctioned by financial institutions due to non-repayment of loans will benefit the most. ### 6. What did Chief Minister Thakur Sukhvinder Singh Sukhu say about farmers? He said that farmers are the backbone of the state's economy and their welfare is the government's highest priority. ### 7. What is the state government doing to promote natural farming? The government is providing historic support prices for crops grown without chemical inputs, boosting farmer incomes while giving consumers access to chemical-free food products. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._