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Karj Mafi Yojana, a vital initiative in India, aims to provide significant financial relief to farmers facing the burden of agricultural debt. This program, implemented by various state governments, helps alleviate financial stress by forgiving loans up to ₹100,000 for eligible farmers. The primary objectives of the scheme include offering relief from debt, enhancing economic stability, and fostering agricultural development.

Eligible participants typically consist of small and marginal farmers, whose financial situations can benefit greatly from this intervention. The application process involves verifying eligibility, submitting essential documentation, and undergoing verification procedures. The scheme offers full or partial debt forgiveness and the possibility of restructuring loan terms, which significantly aids farmers in managing their finances.

Despite facing challenges such as administrative delays and awareness issues, the Karj Mafi Yojana remains crucial in enhancing farmers' livelihoods and contributing to the overall growth of India's agricultural sector. Through ongoing government efforts, it continues to evolve, ensuring that support reaches those who need it most.