Kamal Nath signs farmers’ loan waiver file

Kamal Nath signs farmers’ loan waiver file

BHOPAL: Loans of up to Rs two lakh of Madhya Pradesh farmers will be waived, with Chief Minister Kamal Nath on Monday signing a file to the effect.nnThe move follows a promise by Congress president Rahul Gandhi during the poll campaign that if people of Madhya Pradesh voted for Congress, then they would implement farmers’ loan waiver within 10 days of coming to power.nnNath was sworn in as the state’s 18th CM Monday.nn

nnAfter Nath signed on the file pertaining to waiving off farmers’ loans of up to Rs two lakh, Principal Secretary, Farmers’ Welfare and Agriculture Development Department, Rajesh Rajora issued the loan waiver order.nnThe order said: Madhya Pradesh Government has taken a decision to write off short-term crop loan of eligible farmers up to the limit of Rs two lakh, as on March 31, 2018, from nationalised and cooperative banks.nnSource: Press Trust of India

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