By means of Categorical Information Provider
BHOPAL: The Madhya Pradesh executive made up our minds on Thursday to increase via 15 days the remaining date for repaying Kharif crop loans via farmers.
A state cupboard assembly chaired via CM Shivraj Singh Chouhan made up our minds to increase the remaining date for repaying the Kharif crop mortgage for farmers from March 31 to April 15.
Addressing the assembly, the CM mentioned the verdict to offer loans to farmers for Kharif plants at 0 p.c rate of interest used to be taken via the state executive previously. The mortgage compensation length used to be to finish on March 31 (Thursday).
“Many farmers have no longer been in a position to deposit this quantity. After the expiry of the length, they’re going to develop into defaulters and they’re going to need to pay extra pastime when they develop into defaulter. In view of this, the remaining date for compensation of Kharif crop mortgage is being prolonged to April 15, this may increasingly facilitate the farmers to pay off the mortgage and they’re going to no longer be a defaulter,” the CM mentioned.
The CM additionally mentioned that the pastime of the mortgage for the prolonged length could be paid via the state executive, which might quantity to about Rs 60 crore. This quantity will probably be deposited via the state executive on behalf of the farmers. With this, farmers will have the ability to deposit their mortgage quantity in a handy method and they’re going to no longer develop into defaulters.
The state cupboard additionally licensed a Rural Shipping Credit score (RTC) style to offer public delivery within the rural spaces of the state. The cupboard additionally licensed to put into effect the style as a pilot mission in Vidisha district for 6 months, ranging from Would possibly 1 and at ease the similar Acts and regulations for cars to be operated below the RTC style.
Importantly, the state cupboard’s two day assembly at hill station Pachmarhi remaining week had made up our minds to get a hold of a Rural Shipping Coverage to run public delivery buses in rural spaces.
The Cupboard licensed the implementation of Devaranya Yojana within the state. Devaranya Yojana will probably be applied with the target of constructing a price chain for manufacturing, garage, advertising and marketing of medicinal and fragrant crops via figuring out 11 particular plant generating spaces within the state and creating those spaces.