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HomeNewsIndiaMP farmer receives Rs 13 waiver on Rs 20,000 farm loan; govt asks him to inquire at the bank

MP farmer receives Rs 13 waiver on Rs 20,000 farm loan; govt asks him to inquire at the bank

In some cases, farmers say that names of people who have not taken loans are in the list of beneficiaries.

January 25, 2019 / 12:02 IST
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A farmer channels water to irrigate his wheat field on the outskirts of Ahmedabad, India, December 15, 2015. India's Prime Minister Narendra Modi will recalibrate budget priorities in 2016 to focus on social initiatives, such as the country's first major crop insurance scheme, while capping previously prioritised infrastructure spending, officials say. Modi splurged on roads and railways this year in a strategy to spur economic growth. But it came partly at the expense of federal programmes for farmers and the poor, suffering through back-to-back drought years. Picture taken December 15, 2015. REUTERS/Amit Dave - GF10000266582

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A farmer in Madhya Pradesh has received a loan waiver of Rs 13 against his debt of Rs 20,000 from the state government, which had promised to waive off loans up to Rs 2 lakh.

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Riding the farm loan waiver wave across India, the Congress emerged victorious, defeating the Shivraj Singh Chouhan-led Bharatiya Janata Party (BJP) government.

In keeping with his poll promise, Madhya Pradesh Chief Minister Kamal Nath signed the debt waiver file as soon as he assumed office in December 2018.