The government today said there is no proposal under consideration to write off farm loan. However, the Centre informed Parliament that there is a facility which has been put in place for farmers to avail concessional debt. <br/><br/>Uttar Pradesh, Punjab, Maharasthra and Karnataka governments have announced loan waiver this year. This was stated by Minister of State for Agriculture Parshottam Rupala in a written reply to both the Houses. <br/><br/>He said, to ensure availability of concessional debt, the government is providing interest subvention to make short-term crop loans up to 3 lakh rupees for a period of one year available to farmers at the interest rate of 7 per cent per annum and in case of timely repayment, the same gets reduced to 4 per cent.