Madhya Pradesh Krishak Sehkari Rin Mitra Yojana – The Hon’ble Chief Minister of Madhya Pradesh Shri Shivraj Singh Chauhan has launched the Madhya Pradesh Krishak Sehkari Rin Mitra Yojana in order to encourage farmers to repay loans on time, the government will now respect the farmers from the district to the state level.
Details of Madhya Pradesh Krishak Sehkari Rin Mitra Yojana
Under this scheme, the farmers who repay loans for three years or five years continuously will be honored by placing a cave, by giving a citation and by registering on the information board of the co-operative society. Simultaneously, new committees will be organized to create new opportunities for employment in the village and the district. For this, the federation at the state level will also be organized.
On the occasion of the 64th All India Co-operative Week, the cooperative department will start “Sehkarita Se Antyodaya” and “Madhya Pradesh Krishak Sehkari Rin Mitra Yojana“.
Read More: Complete List of Madhya Pradesh Government Schemes
Departmental officials said that despite the loans without interest, many farmers do not pay for it on time. The recovery of district banks like Datia is less than 15 percent. There are four such five district banks. Lowering of the recovery also affects the business of banks. In view of this, the government has planned to honor the farmers of regular debt repayment to encourage farmers to return the loan on time.
It has been decided that for the three years which farmers will repay their loan continuously, they will be awarded at the district level. Similarly, farmers who repay loans for five years continuously will be respected at the state level. Similarly, in order to create new opportunities for employment in rural areas, primary committees will be organized in view of the local needs. To get the work done for them, the district level committee will be linked to the federation. This type of experiment is also going on in the torrent.