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MP to continue giving loans to farmers at zero interest

| Saturday | 24th March, 2018

BHOPAL: State cabinet headed by chief minister Shivraj Singh Chouhan on Friday decided to continue with giving agricultural loans to farmers at 0% interest. “Those falling in this pay grade have been approved a scale with two grade increments. The state exchequer will bear a burden of Rs 2.52 crore,” Narottam Mishra said. Briefing the media after the cabinet meeting on Friday evening, minister for water resources and government spokesman Narottam Mishra said, “It was the day for farmers at the cabinet meeting today. A total 1,526 employees will benefit from this decision.

BHOPAL: State cabinet headed by chief minister Shivraj Singh Chouhan on Friday decided to continue with giving agricultural loans to farmers at 0% interest. Briefing the media after the cabinet meeting on Friday evening, minister for water resources and government spokesman Narottam Mishra said, “It was the day for farmers at the cabinet meeting today. The government will continue to give agricultural loans at 0% interest through the cooperative banks.”Mishra said that government has also decided to increase the deadline for Short term Crop Loan scheme from March 28 to April 27.Council of minister ratified setting-up of the Madhya Pradesh Dharmshastra Rashtriya Vidhi Vishwa Vidyalaya or the Madhya Pradesh National Law University at Jabalpur In yet another decision, government decided to hike the salaries of employees in the Madhya Pradesh law courts with a pay grade of Rs 3600. “Those falling in this pay grade have been approved a scale with two grade increments. A total 1,526 employees will benefit from this decision. The state exchequer will bear a burden of Rs 2.52 crore,” Narottam Mishra said.

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