Chhattisgarh: New Chief Minister Bhupesh Baghel Announces Rs 6,100 Crore Farm Loan Waiver, Raises MSP of Paddy to Rs 2,500
The new government has also decided to raise minimum support price of paddy to Rs 2,500 per quintal. The Chief Minister presided over a cabinet meeting and decided to waive off farm loans which would benefit 16.65 lakh farmers reeling under debt.
Raipur, December 17: Within hours of being sworn-in as Chhattisgarh Chief Minister, Bhupesh Baghel on Monday announced to waive off farm loans amounting to Rs 6,100 crore. The new government has also decided to raise minimum support price of paddy to Rs 2,500 per quintal. The Chief Minister presided over a cabinet meeting and decided to waive off farm loans which would benefit 16.65 lakh farmers reeling under debt.
The farm loan waiver was a major promise of the Congress during the Assembly election campaign that helped the party bag 68 seats in a 90-member House. The farm loan waiver announcement has been widely hailed by farmers' representative bodies. Bhupesh Baghel Takes Oath as Chhattisgarh Chief Minister; Profile of Congressman Who Replaces 15 Years of Raman Raj.
Addressing the maiden press conference as Chief Minister, Baghel briefed media persons about the cabinet decisions and said he decided to form an SIT to unravel conspiracy behind Jheeram valley massacre in May 2013 in Bastar in which several Congress leaders were killed by Maoists including then state Congress chief Nandkumar Patel, veteran leader V.C. Shukla and tribal leader Mahendra Karma.
(The above story first appeared on LatestLY on Dec 18, 2018 08:53 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).