MP Kisan Karj Mafi List 2020

Lately, times have been rough for everyone, due to the after-effects of the pandemic. Farmers have not been able to sell off their products, because consumerism has plunged and how! The consumers cannot be blamed either as purchasing powers have reduced as well, hence the amount of consumption has now come to only buying what and how much is deemed necessary. 

Farmers have witnessed a massive slash in profit margins this year which pushes them back into exorbitant debts and thereby adds on to their debts, making their lives all the more miserable. 

In light of the misery faced by farmers in Madhya Pradesh, the State Government has announced the MP Kisan Karj Mafi list or the MP Farmers loan Waiver list for 2020. 

What is the scheme all about?

Under this scheme, farmers in Madhya Pradesh who have taken loans from banks will get to waivers on their loans. These waivers will be provided to farmers who have taken loans from Government banks.

To add to it, the loans of up to ₹2 lakhs sanctioned under MP Kisan Karj Maafi Yojana will be waived off. 

Key features of the scheme

  1. Loans of up to ₹2 lakhs to all eligible farmers will be waived off under the MP Karj Mafi Yojana 2020
  2. The eligible farmers under the government scheme will get an incentive of ₹25,000 as well
  3. The benefit offered by the scheme will be given to all small and marginal farmers of Madhya Pradesh 

In conclusion

In order to gather more information about the scheme and to enroll yourself in the scheme, if you are a farmer in Madhya Pradesh, you can explore the website, to know more: click here.

Similar Yojanas

Schemes launched by the state government

The state governments of India are the next important government bodies right after the central government of the country. The state governments constitute 28 states and 8 union territories

India is a democratic and republic country wherein highest authorities and powers are proffered to the central government. For the state government, real executive powers are given to Chief Minister as he is responsible for heading the Council of Ministers. The state governments of India work toward internal security, such as police department, social welfare, public health betterment and other similar state-related issues. The state government of the country earns its employee income from sales tax services, stamp duty services, and from some parts of GST.

The state governments have launched a variety of schemes so far. Some of the examples are as follows:

In Andhra Pradesh, Chandranna Bima Yojana, National Energy Efficient Agriculture Pumps Program, and Smart Pulse Survey have been launched. In Assam, Mass Rapid Transit System has been recently launched. In Maharashtra, Police Pratisaad Ask services and various schemes for the betterment of farmers have been launched. In Karnataka, PM Santwana Harish Yojana, and Housing scheme for Transgenders have been launched. In Uttar Pradesh, Deen Dayal Upadhyay Gram Jyoti Yojana, Hausla Paushan scheme, and Swadhar Greh yojana have been launched.

The state government of India monitors both rural and urban development. However, it is not feasible for the state government to monitor all rural and urban local government bodies. Thus, based on the provided funding and coverage, rural and urban local entities create development plan whenever required. These government entities work in close association with planning commission and local or regional government sectors and authorities.

Apart from these schemes, the state government also ensures the effective implementation of centrally sponsored schemes in respective states.