Madhya Pradesh launches farm debt-waiver ‘Jai Kisan Rin Mukti Yojana’

  •  Madhya Pradesh Chief Minister Kamal Nath on January 15, 2019 launched the Rs 50,000-crore farm debt-waiver scheme named ‘Jai Kisan Rin Mukti Yojana’. 
  • Kamal Nath said it would benefit 55 lakh small and marginal farmers.  He said  the scheme is an investment in the economy, which can’t be strengthened without farmers. 
  • The state cabinet chaired by the Chief Minister had given  its nod to waive crop loans of 55 lakh farmers  on January 5.
  • In the recently concluded State Assembly elections, Congress Party had promised that if party was voted to power, it would waive farm loans within 10 days of government formation.

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