Very good news is coming for the farmers of Madhya Pradesh. It has been decided by the Madhya Pradesh government that the farmers’ debt will be forgiven with interest. For this purpose, the Government has approved the Madhya Pradesh Sahukari Amendment Bill and the Scheduled Tribes Debt Waiver Bill.

In simple language, we can also call this bill as debt relief bill. Under this, all the loans of all scheduled tribe people of scheduled areas till the date of 15 August 2020 will be waived.

Along with this, the government is also bringing Madhya Pradesh moneylenders (Amendment Bill 2020) for people of other sections. This will liberate those trapped in the trap of moneylenders.

Source: TV9 Bharatvarsh

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