India News | BJP Govt to Fulfil Promise Made by Congress, Will Bear Cost of Interest of Farmers' Loans in MP

Get latest articles and stories on India at LatestLY. Bharatiya Janata Party (BJP) will bear the cost of interest of the loans, after many farmers turned defaulters in hope of that loans up to Rs 2 lakh will be waived off under a scheme that was launched during the Congress government, said Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan (File Photo)

Bhopal (Madhya Pradesh) [India], March 14 (ANI): Bharatiya Janata Party (BJP) will bear the cost of interest of the loans, after many farmers turned defaulters in hope of that loans up to Rs 2 lakh will be waived off under a scheme that was launched during the Congress government, said Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday.

During the ongoing Budget Session of the Madhya Pradesh Assembly, Chouhan said that many farmers turned defaulters in hope of that loans up to Rs 2 lakh will be waived off (a scheme launched during Congress government). He also said that BJP will bear the cost of interest of the loans.

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In his speech, he also highlighted the plight of the farmers stuck in the vicious circle of the loans and said that when one becomes a defaulter, the circle of interest starts and leaves them frustrated.

The Budget Session of the Madhya Pradesh Assembly commenced on March 7 and will continue till March 25. There will be a total of 13 sittings. (ANI)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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