Farm Loan Waiver Scheme in Madhya Pradesh

Farm Loan Waiver Scheme in Madhya Pradesh

Question: What is the name of the recently launched farm loan waiver scheme in Madhya Pradesh?
(a) Jai Kisan Yojana
(b) Jai Kisan Mukti Yojana
(c) Jai Kisan Rin Mukti Yojana
(d) Kisan Karzmafi Scheme
Answer: (c)
Related facts:

  • Madhya Pradesh government under the leadership of newly elected Chief Minister Kamal Nath launched Jai Kisan Rin Mukti Yojana, a farm debt waiver scheme to the amount of 50,000 crore.
  • About 55 lakh small and marginal farmer will be benefitted from the ambitious scheme having loans upto 2 lakh
  • The state cabinet earlier on 5th January, 2019, gave its nod to waive crop loans extending the cut-off date to December 12, 2018 from March 31, 2018.
  • Farmers who have registered themselves in GST and are paying income tax cannot avail this facility of loan waiving.


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