Cong promises farm loan waiver in MP if elected in 2023 polls: Kamal Nath

The Congress in Madhya Pradesh has promised that if it is voted to power in the state Assembly polls next year, it would reintroduce the farm loan waiver scheme

Kamal Nath
Madhya Pradesh's Former Chief Minister Kamal Nath | Photo: PTI
Press Trust of India Bhopal
3 min read Last Updated : Dec 18 2022 | 1:54 PM IST

The Congress in Madhya Pradesh has promised that if it is voted to power in the state Assembly polls next year, it would reintroduce the farm loan waiver scheme which it had brought after forming a government in 2018.

The party's state unit president and former chief minister Kamal Nath made this announcement on Saturday evening, when he also said that the farm loan of every farmer in the state would have been cleared by now if his government was at the helm.

Ahead of the last Assembly polls, Congress leader Rahul Gandhi had promised to implement a farm loan waiver scheme in the state if the party came to power. The party delivered on its promise as Kamal Nath signed the file for waiving loans of up to Rs 2 lakh soon after taking oath as the chief minister in December 2018. It is widely believed that the grand old party's promise of farm loan waiver was one of the major factors behind its victory. Sharing the order of the loan waiver scheme issued on December 17, 2018, the day he took oath as Madhya Pradesh CM, Nath said in a tweet, "On this day, the order for loan waiver of the farmers of the state was issued. Had the democratically elected Congress government been in power now, the loan of each and every farmer of the state would have been waived by now." Nath assured that the loan of farmers would be waived if the Congress returns to power in the state. "There is nothing to worry about. As soon as the Congress government is formed next year, this order will be issued again and the loan of each and every farmer brother will be waived," he said in another tweet. Reacting to Nath's tweets, MP Home Minister Narottam Mishra, who is also the spokesperson of the Shivraj Singh Chouhan-led Bharatiya Janata Paty (BJP) government in the state, termed this announcement as "cheating". "Not a single farmer got the benefit of farm loan waiver of up to Rs two lakh as stated in order (posted by Nath). This is cheating. This tweet is rubbing salt into the wounds of farmers, who have become defaulters due to this promise," Mishra said. The BJP, which had been in power in the state since 2003, lost the 2018 Assembly polls. The Congress came to power with the help of independents and Samajwadi Party (SP) and Bahujan Samaj Party (BSP) legislators, but the Kamal Nath-led government collapsed 15 months later in March 2020 following a rebellion by near two dozen MLAs loyal to Jyotiraditya Scindia. After that, Chouhan became the chief minister for the fourth time.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Indian National CongressMadhya PradeshFarm loan waiversNational political parties

First Published: Dec 18 2022 | 1:54 PM IST

Next Story