Natural calamity in 2015 damaged the Kharif Crops. During this period the State Government took an important decision to convert short term loan worth Rs5000 crore to medium term loan. This decision benefited about 10 lakh farmers.
The decision of the State Government has proved beneficial for the farmers. It is notable that the farmers will not have to pay any interest for the change in the loan term. The medium term loan will be provided on zero per cent interest to the affected farmers. Two years repayment term has been fixed for the farmers whose crop was damaged between 33 to 50 per cent. Whereas three years repayment term has been fixed for more than 50 per cent damaged crop.
The decision has benefited 10.43 lakh farmers, this include 8,444 of Jabalpur, 9,749 of Katni, 1,101 of Mandla, 11,069 of Balaghat, 22,521 of Chhindwara, 31,265 of Seoni, 5954 of of Narsinghpur, 23,711 of Sagar, 16,294 of Damoh, 5,819 of Panna, 9,771 of Tikamgarh, 46,424 of Chhatarpur,22,583 of Rewa, 18,906 of Satna, 3,052 of Sidhi, 2,657 of Singrauli, 9,773 of Shahdol, 5,151 of Anooppur, 5,725 of Umaria, 6,307 of Dindori, 37,558 of Indore, 24,279 of Dhar, 14,180 of Jhabua, 10,018 of Badwani, 39,053 of Khandwa, 66,827 of Sehore, 29,449 of Raisen, 53,053 of Vidisha, 39,071 of Rajgarh, 39,025 of Betul,13,315 of Harda, 17,616 of Hoshangabad, 45,700 of Ujjain, 39,413 of Ratlam, 82,395 of Mandsaur, 44,596 of Neemuch, 72,456 of Dewas, 42,664 of Shajapur, 27,339 of Agar-Malwa, 2,786 of Gwalior, 6,798 of Shivpuri, 8,995 of Guna, 335 of Datia, 4,274 of Bhind, 145 of Morena, 496 of Sheoprurkalan and 15,286 of Bhopal.