Explanation:

The Punjab Cabinet on Wednesday gave its approval to notify the crop loan waiver scheme announced by Chief Minister Captain Amarinder Singh in the state assembly in June this year.
Besides taking over the entire eligible loan amount of the farmers covered by the debt waiver scheme, the government has decided to also take over the outstanding interest of farmers from 1st April, 2017 till the date of notification, which will lead to an additional Rs 400 crore benefit to the farmers.The debt waiver scheme would cover crop loan disbursed to farmers in the state by scheduled commercial banks, cooperative credit institutions (including urban cooperative banks and regional rural banks, collectively called as the 'lending institutions'.