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LATEST NEWS UPDATES | Chhattisgarh CM Bhupesh Baghel waives farm loans, orders SIT probe into Bastar massacre -Joseph John

Chhattisgarh CM Bhupesh Baghel waives farm loans, orders SIT probe into Bastar massacre -Joseph John

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published Published on Dec 18, 2018   modified Modified on Dec 18, 2018
-The Times of India

RAIPUR:
Chhattisgarh chief minister Bhupesh Baghel on Monday announced to waive farm loans to the tune of Rs 6,100 crore of more than 16 lakh farmers and also decided to set up a Special Investigation Team (SIT) to probe the deadly maoist attack in Bastar.

Addressing his maiden press conference after the swearing-in ceremony and subsequent first cabinet meeting, Baghel said it has been decided to waive off all short-term loans availed by farmers from cooperative and rural development banks. As far as loan of commercial banks is concerned, he said the matter is being examined and an appropriate decision would be taken.

He said Congress president Rahul Gandhi had promised during the run up to the elections that farm loans would be waived off within 10 days of formation of Congress government and to provide Rs 2500 per quintal to farmers for their paddy being sold under Minimum support price scheme. He said this amount includes a bonus to be paid per quintal.

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The Times of India, 17 December, 2018, https://timesofindia.indiatimes.com/india/chhattisgarh-cm-bhupesh-baghel-waives-farm-loans-orders-sit-probe-into-bastar-massacre/articleshow/67134703.cms


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