Chhattisgarh Chief Minister Bhupesh Baghel announced on Monday that his government will waive short-term agricultural loans of farmers, thus fulfilling the promise made by Congress.
Short-term agriculture loans of Rs 6,100 crore of over 16.65 lakh farmers drawn from cooperative banks and Chhattisgarh Gramin Banks, as on November 30, 2018, will be completely waived.
Besides this, loans from the commercial banks will be waived off after proper examination. The cabinet decided to hike the Minimum Support Price (MSP) of paddy to Rs 2,500 per quintal. Another important decision taken in the Cabinet was that a Special Investigation Team will be formed to probe the 2013 Jhiram valley Naxal attack in Bastar district, where 29 people, including senior Congress leaders, were killed.