MP Cabinet OK’s farm loan waiver upto Rs 2L

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The State Cabinet here on Saturday decided to waive  loan up to Rs 2 lakh taken by farmers under the Chief Minister's Crop Loan Waiver Scheme. Under the scheme, the loans till March 31, 2018 will be waived off and farmers who have repaid loans till December 12, 2018 will be benefitted.

 The crop loan taken from the loan providing organisations on or after April 1, 2007 has been included in the scheme. The decision was taken to provide benefit to farmers who have taken maximum loan up to Rs 2 lakh limit as per eligibility under the scheme from Cooperative Banks, Regional Rural Banks and Nationalised Banks.

 The farmers who had regular outstanding loan and NPA / time-barred loan as on 31st March, 2018 and the farmers who have fully or partially repaid their loan till December 12, 2018 will also benefit from the scheme.

The short-term crop loan given by primary agricultural credit societies are also be included in the scheme. Ex-servicemen are also included in the scheme. About 55 lakh farmers will get benefit of the scheme. In this, 37 lakh small and marginal farmers will get the benefit of priority in loan waiver.

 The Chief Executive Officer has been made responsible for the implementation of the Janpad Panchayat Yojana in each block. After the publication of the list, green-coloured applications of the farmers of Aadhar Card Seeded List (Green List) and white-coloured applications from the non-Aadhar card Seeded list (White List) will be received offline in the Panchayat office after the list is pasted in the gram panchayat. Farmers who are not included in both the lists will be able to apply in the pink application form.

The information of all the three types of applications will be given in the meeting of the Gram Sabha on January 26, 2019.

Daily Pioneer
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