On Monday, within hours of taking oath, new Chief Minister of Madhya Pradesh Kamal Nath issued a government order that announced waiver of farm loans of up to Rs 200,000 taken until March 31 this year.
By late evening, Chhattisgarh's new CM Bhupesh Baghel announced waiver of loans of 1.66 million farmers of the state. He said it will cost the state exchequer Rs 61 billion. Baghel also announced minimum support price, or MSP, of paddy to be Rs 2,500 per quintal from the current Rs 2,050 (Rs 1,750 plus Rs 300 bonus).
Loan waiver within 10 days of forming governments
By late evening, Chhattisgarh's new CM Bhupesh Baghel announced waiver of loans of 1.66 million farmers of the state. He said it will cost the state exchequer Rs 61 billion. Baghel also announced minimum support price, or MSP, of paddy to be Rs 2,500 per quintal from the current Rs 2,050 (Rs 1,750 plus Rs 300 bonus).
Loan waiver within 10 days of forming governments

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