Will Madhya Pradesh Continue Its Soft-Loan Scheme for Farmers?

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Will Madhya Pradesh Continue Its Soft-Loan Scheme for Farmers?

Synopsis

Madhya Pradesh's government is taking significant steps to support farmers and improve healthcare in tribal areas. The continuation of the interest-free loan scheme is set to boost agricultural productivity, while the enhancement of hospital facilities will cater to the healthcare needs of tribal communities.

Key Takeaways

  • Interest-free loans for farmers continue through 2025-26.
  • Target of Rs 23,000 crore disbursement for crop loans.
  • Hospital beds in tribal districts increased from 1,000 to 1,800.
  • Investment of Rs 39.50 crore for healthcare improvements.
  • Madhya Pradesh leads in SDG goals with a score of 67.

Bhopal, Oct 23 (NationPress) The Madhya Pradesh Cabinet convened on Thursday, presided over by Chief Minister Mohan Yadav, and granted approval to extend the short-term scheme for interest-free loans through 2025-26, aimed at enhancing agricultural productivity.

Farmers will be able to access crop loans via cooperative banks.

Deputy Chief Minister Rajendra Shukla announced, "The cabinet has opted to sustain the scheme, targeting a disbursement of Rs 23,000 crore under the zero-per cent crop loan initiative this year. Farmers can secure loans up to Rs 3 lakh."

The state will offer a 1.5 percent interest subsidy to all farmers availing crop loans, along with an additional 4 percent incentive for those who repay their loans promptly during the Kharif and Rabi seasons.

According to the Madhya Pradesh Sankalp Patra 2023, the government aims to provide crop loans to farmers at zero per cent interest to stimulate agricultural output.

Additionally, the government has decided to enhance hospital bed facilities in tribal-majority districts such as Tikamgarh, Neemuch, Singrauli, Sheopur, and Dindori.

"The bed capacity in these district hospitals will increase from 1,000 to 1,800. Tikamgarh will have 500 beds, Neemuch 400 beds, Singrauli 400 beds, Sheopur 300 beds, and Dindori 200 beds. The government will allocate Rs 39.50 crore for this purpose," the Deputy Chief Minister stated.

Under the re-densification initiative, the government will permit 100 percent development work on any land put up for auction.

"Currently, only 60 percent of development works are approved, despite the government auctioning land at existing collector-guideline prices in cities," noted the Deputy Chief Minister.

To align with the United Nations' sustainable development goals, the state is set to invest Rs 19.10 crore, translating to Rs 3.82 crore annually, through various methods, including an "online dashboard ranking for districts."

Madhya Pradesh has emerged as a leading state in NITI Aayog's SDG India Index 2023-24, achieving an overall score of 67.

The state excelled in Goal-12 (responsible consumption and production), Goal-15 (life on land), Goal-7 (affordable and clean energy), Goal-6 (clean water and sanitation), Goal-11 (sustainable urban and community development), and Goal-1 (poverty alleviation).

In 2020-21, Madhya Pradesh was recognized as the top-performing state with 62 points.

As per the index (2023-24), Madhya Pradesh has lifted 1.36 crore individuals out of multidimensional poverty, with 97.87 percent of beneficiaries covered under the National Food Security Act. Furthermore, the state plans to establish a civil court in Malthone, Sagar district.

Point of View

The initiatives taken by the Madhya Pradesh government reflect a commitment to enhancing agricultural productivity and healthcare services. By extending the interest-free loan scheme and improving hospital facilities, the state is addressing critical needs and working towards sustainable development goals, which aligns with national priorities.
NationPress
23/10/2025

Frequently Asked Questions

What is the interest-free loan scheme for farmers?
The interest-free loan scheme allows farmers in Madhya Pradesh to access crop loans without any interest, aimed at boosting agricultural productivity.
How much can farmers borrow under this scheme?
Farmers can borrow up to Rs 3 lakh under the interest-free loan scheme.
What are the new developments in healthcare for tribal areas?
The government plans to increase the number of hospital beds in tribal-dominated districts from 1,000 to 1,800.
What is the budget allocated for enhancing hospital facilities?
The government will invest Rs 39.50 crore to augment hospital bed facilities in tribal areas.
How has Madhya Pradesh performed in the SDG India Index?
Madhya Pradesh scored 67 in the NITI Aayog's SDG India Index 2023-24, emerging as a leading state in several development goals.
Nation Press