LatestRegional (M.P & C.G)

Mukhyamantri Farmers Cooperative Loan Assistance Scheme

Bhopal. Over 6 lakh farmers have been given assistance of Rs.88crore 44 lakhs under the Mukhmantri Farmers Cooperative Loan Assistance Scheme. This scheme was launched by the Chief Minister Shri Shivraj Singh Chouhan in the year 2015. Minister of State for cooperative (independent charge) Shri Vishwas Sarang has informed that farmers have been linked to this scheme from rabi season 2015-16.

Shri Sarang further informed that the main objective of this scheme is to help farmers in reducing the agricultural cost, beside increase in the income of farmers and to make agriculture a profitable occupation. He further informed that the farmers who obtain short term loans from the primary agriculture credit cooperative societies and repay 90 percent of the loan amount till the fixed date will be provided benefit of this scheme. Shri Sarang said that the defaulter member farmers of the society are facilitated to avail the benefit of this scheme by repaying loans availed by them in the past. Moreover, he informed that whichever farmer obtains short term loan for material or in the form of cash and procure fertilizer seeds from marketing federation, seeds cooperative federation or seeds cooperative societies are accepted as material loan in the scheme. Under the scheme, assistance subsidy limit will be maximum Rs. 10,000 or in accordance to ten percent of the material loan.

so far 6 lakh 12 thousand farmers of 38 districts were benefitted under this scheme till date. They have received Rs. 88 crore 44 lakh as subsidy. Farmers have been benefitted under the scheme includes Jabalpur 7651, Mandla 4334, Balaghat 13490, Chhindwara 16132, Seoni 13621, Narsinghpur 8908, Sagar 15526, Damoh 13337, Panna 4739, Chhatarpur 9239, Tikamgarh 4218, Rewa 14474, Satna 15150, Sidhi 5160, Shahdol 8873, Indore 27798, Dhar 18307, Jhabua 1803, Khargone 29426, Khandwa 12258, Ujjain 33128, Ratlam 25617, Mandsaur 25759, Dewas 37195, Shajapur 32251, Gwalior 4325, Shivpuri 6105, Guna 10018, Datia 27, Bhind 11278, Morena 16696, Bhopal 9649, Sehore 34363, Raisen 8322, Vidisha 33023, Rajgarh 30784, Betul 21125 and Hoshangabad 27821.
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