There is great news for the farmers of Madhya Pradesh! The Mohan government has waived off the interest and penalty of ₹ 84.17 crore related to the irrigation water tax of 35 lakh farmers. This Kisan Karj Mafi Yojana will remain in force till 2026. This simply means that now the farmers will have to deposit only the principal amount, and the government will pay the rest of the money. Let us know what big relief the farmers have got from this decision and what its main points are.
Historic decision of the Mohan government in the interest of farmers
35 lakh farmers of Madhya Pradesh had ₹ 84.17 crore outstanding as agricultural irrigation water tax. In the cabinet meeting held on Tuesday, the Water Resources Department raised this issue, on which the government took a big and farmer-friendly decision. It was decided that the Water Resources Department will no longer charge the interest amount from the farmers, but only the principal amount will be recovered.
The Mohan cabinet has approved this proposal. This decision is also important because the interest on irrigation tax had become very high for many farmers, causing them a lot of trouble. This decision has given them great relief.
What is the irrigation water tax, and why was it waived
Agricultural irrigation water tax is a tax that farmers pay for irrigation in the form of loans from banks. When farmers are unable to repay this loan on time, the interest on it keeps increasing. The government has decided to waive the increasing interest and penalty. With this, farmers will now have to deposit only the amount they took as a loan.
How long will this loan waiver scheme remain in force
The Mohan government has decided to implement this scheme till March 2026. This means that farmers have more than a year in which they can deposit their principal amount without any interest. This will give them a chance to improve their financial condition and repay the loan without any pressure. This is a step that will directly help the farmers.
35 lakh farmers will benefit from this scheme
This scheme will directly benefit 35 lakh farmers of Madhya Pradesh. In almost all the districts of the state, the amount of irrigation water tax was increased because the farmers had not paid the interest for a long time. With this waiver, they will now have to deposit less money, which will reduce the burden on their financial condition.