The Madhya Pradesh government has brought a gift for the farmers who have taken crop loans. The state government has announced a relief package for farmers who have taken loans on Kharif crops. Under this, the last date for repayment of the loan has been extended to 15 April.
The state government had given loans to farmers for Kharif crops at zero percent interest rate, the last date for filling it was fixed as March 31. However, many farmers have not been able to deposit this amount till now. Explain that if the loan is not paid on the due date, it becomes a defaulter, due to which the number of interest increases. To relieve the farmer brothers from this difficulty, the loan repayment date has been extended to 15 April.
Explain that the interest on the loan during the extended period will be reimbursed by the state government. That is, now the government will pay the defaulter. Due to this, farmers will be able to pay loans and they will not come under the defaulter category.
Source: Krishak Jagat
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