Madhya Pradesh farm loan waivers to cost up to â¹38,000 crore
The farm loan waiver announced in Madhya Pradesh on Monday is likely to cost around â¹35,000-38,000 crore and benefit nearly 34 lakh farmers. Chief Minister Kamal Nath decided to write off farmers' loans up to â¹2 lakh, hours after taking oath. On the same day, Chhattisgarh Chief Minister Bhupesh Bhagel announced â¹6,100-crore farm loan waiver benefitting over 16 lakh farmers.