Loan waiver in MP: Chouhan criticises cut-off date

Image
Press Trust of India Bhopal
Last Updated : Dec 20 2018 | 11:25 PM IST

Former Madhya Pradesh Chief Minister Shivraj Singh Chouhan said Thursday that the newly-elected Congress regime has cheated farmers by offering a flawed loan waiver scheme.

"By setting cut-off date of March 31, 2018 for getting benefit of the scheme, the Congress has done gross injustice to farmers," he tweeted.

"The Congress should keep off from such cheating as they should very well know that I am not asleep but awake. I am keeping a hawk's eye on them," the tweet read.

Hours after being sworn-in as MP chief minister Monday, Chouhan's successor Kamal Nath announced a loan waiver for farmers, as promised by the Congress during the elections.

Loans of upto Rs 2 lakh as of March 31, 2018, taken from nationalised and cooperative banks, will be waived under the scheme.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

First Published: Dec 20 2018 | 11:25 PM IST

Next Story