Millions of farmers of the country take crop loans to meet their agricultural needs. Cropped loans are provided to the farmers by the government at a low interest rate. However, many times farmers have to pay more interest due to not repaying the loan on time.
The Madhya Pradesh government has made a new announcement regarding crop loans, giving farmers a month’s time to repay crop loans without any interest. Farmers will be able to deposit the crop loan taken from Cooperative bank during the Kharif season till May 30. Earlier this deadline was till 30 April.
Source: Farmer Solutions
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