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Haryana to waive interest on crop loans
The Morning Standard
|February 24, 2024
AMID protests by farmers at Punjab-Haryana borders over MSP and other agriculture-related issues, Haryana Chief Minister Manohar Lal Khattar announced a waiver of interest and penalty on certain crop loans on Friday.
"I announce to waive interest and penalty on the crop loan, in case the loan was availed till September 30, 2023, the principal amount is paid by May 31, 2024, and the farmer is registered with MFMB (Meri Fasal Mera Byora)," he said.
The chief minister made the announcement while presenting the Rs 1.89-lakh-crore budget for 2024-25. The State will go for Assembly elections this year as the alliance government of BJP and Jannayak Janta Party (JJU) will complete the five-year term.
In an apparent reference to ongoing farmers' agitation, Khattar asserted that his government has taken several steps for the welfare of the farmers besides providing a Minimum Support Price (MSP) for 14 crops.
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