In Rajasthan, Chief Minister Ashok Gehlot has announced that short term crop loans from cooperative banks and loans of up to two lakh rupees from nationalised and other banks will be waived.<br />''<br />''Talking to media persons in Jaipur last evening, Mr. Gehlot said entire short term crop loans from cooperative banks will be waived.<br />''<br />''Along with this, loans of the defaulting farmers up to two lakh rupees from nationalised and other banks will also be waived. He said this will put a burden of eight thousand crore rupees on the state exchequer.<br />''<br />''<span style="color: #222222;">Mr Gehlot said with this announcement, the Congress' promise to waive farmer loans within ten days of the government's formation  has been fulfilled.</span>