Farm Loan Waiver For 16 Lakh Farmers Announced in Chhattisgarh

  • The newly appointed Chief Minister of Chhattisgarh Bhupesh Baghel on 17th December announced to waive off short-term agricultural loans to the tune Rs. 6100 crore of more than 16 lakh farmers.
  • The farm loans taken from cooperative banks and Chhattisgarh Gramin Banks, as on 30th November 2018 will be totally waived.
  • The state government has also decided to hike the Minimum Support Price (MSP) of paddy to Rs. 2500/quintal.

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