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MP, Chhattisgarh get farm loan waiver as Congress CMs take the helm

Ashok Gehlot, Kamal Nath, and Bhupesh Baghel took oaths for their offices

Rajasthan Chief Minister Ashok Gehlot, Deputy Chief Minister Sachin Pilot and Governor Kalyan Singh stand for the national anthem after the swearing-in ceremony, at Albert Hall in Jaipur, Monday, Photo: PTI
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Rajasthan Chief Minister Ashok Gehlot, Deputy Chief Minister Sachin Pilot and Governor Kalyan Singh stand for the national anthem after the swearing-in ceremony, at Albert Hall in Jaipur, Monday, Photo: PTI

Archis MohanSanjeeb Mukherjee New Delhi
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