Bhopal. The government of Madhya Pradesh has given a big relief to the farmers, now the last date for repayment of Kharif crop loan has been extended from March 31 to April 15, the government will pay the interest for this period.
A meeting of the Council of Ministers was held on Thursday under the chairmanship of Chief Minister Shivraj Singh Chouhan. Chief Minister Chouhan said that the last date for repayment of Kharif crop loans for farmers is being extended from March 31 to April 15. The decision to provide loans to farmers for Kharif crops at zero percent interest rate was taken by the state government. The loan repayment period ends today, March 31.
Chief Minister Chouhan said that many farmer brothers and sisters have not been able to deposit this amount. After the expiry of the period, they will become defaulters and they will have to pay more interest after the defaulter. Keeping this in view, the last date for repayment of Kharif crop loan is being extended to 15th April, this will facilitate the farmers to repay the loan and they will not be a defaulter.
Chief Minister Chouhan said that the interest on the loan for the extended period would be paid by the state government, which would amount to about Rs 60 crore. This amount will be filled by the state government on behalf of the farmers. With this, farmers will be able to fill their loan amount in a convenient way and they will not be able to become a defaulter.
—AnyTV News
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