Shivraj Singh Chouhan's Loan Waiver Drive For Farmers Ahead Of State Polls
NDTV
Shivraj Singh Chouhan's government will wave interests amounting to over Rs 2,200 crore, benefiting over 11 lakh farmers who have defaulted on loans.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan will today launch a campaign for farmers' interest waiver ahead of state elections later this year.
He will begin the drive from Kerbana village of Sagar district by receiving applications under the Chief Minister Farmers' Interest Waiver Scheme-2023.
The government will wave interests amounting to over Rs 2,200 crore, benefiting over 11 lakh farmers who have defaulted on loans.
"Farmer brothers and sisters will not be called defaulters with the payment of interest by the state government. They will also be given default-free certificates by the committee. The farmers will be eligible for the scheme at zero percent interest rate," said the chief minister.
