Loans of 25 lakh Farmers to be waived off by March 5: CM Kamal Nath

Madhya Pradesh Chief Minister Kamal Nath here on Wednesday said despite the state's finances not being in good shape, his government would fulfil its promise of loan waiver for farmers. Taking part in a discussion on farmers' issues in the Assembly, Nath said loans of 25 lakh farmers would be waived by March 5. He underlined that the state's financial situation was not good but the government was committed to fulfilling the promise made to farmers.

Responding to the Bharatiya Janata Party's question why enough amount was not allocated for loan waiver in the state budget, Nath said it would be clear on March 5 how loans would be waived. The Congress has promised to waive up to Rs 2 lakh loans of 55 lakh farmers in Madhya Pradesh. The government has sought applications from the needy farmers in this regard.