April 25, 2024 16:47 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Lok Sabha Elections 2024: ECI issues notices to BJP, Congress on complaints against Modi, Rahul | Massive landslide hits Arunachal Pradesh, a large section of Highway-33 washed away | Actress Tamannaah Bhatia summoned by Maharashtra cyber cell in 2023 illegal IPL streaming case | Bihar CM Nitish Kumar's party leader shot dead in Patna | Centre moves Supreme Court seeking modification of 2012 verdict in 2G spectrum case
Hours after taking oath as CM, Kamal Nath waives farm loans
Image: Congress Twitter page

Hours after taking oath as CM, Kamal Nath waives farm loans

India Blooms News Service | @indiablooms | 17 Dec 2018, 12:46 pm

Bhopal, Dec 17 (IBNS): Just hours after he took oath as the Chief Minister of Madhya Pradesh, Kamal Nath on Monday waived off the loans for farmers in his state.

The loan waiver was promised by the Congress while campaigning in Madhya Pradesh ahead of the Assembly polls.

This is Nath's first major decision after assuming office.

According to reports, Nath, under whose leadership the Congress scripted a victory in the state, signed the papers required for waiving off farm loans up to Rs. 2 lakh from nationalised and co-operative banks till Mar 31.

After a neck-to-neck fight in the assembly polls, Congress defeated the Bharatiya Janata Party in the Assembly polls by a narrow margin to form the government in the politically crucial state.

Meanwhile, Congress supremo Rahul Gandhi appreciated Nath's move of loan waiver and tweeted: "CM, Madhya Pradesh, waives farm loans. 1 done. 2 to go."


 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.