Kamal Nath Government to borrow to repay loans of the farmers
Saturday - February 2, 2019 4:34 pm ,
Category : BHOPAL
The Congress Government preparing for borrowing the third time
Loans to pay loan to fulfill the electoral promises!
FEB 02 (WTN) - The Congress Government in the Madhya Pradesh is now going to borrow loan to fulfill the electoral promise done in the farmers’ loan waiver. According to the information, let you know that this is the third time when Kamal Nath Government is going to take loan on the interest. It is being said that these funds will be used by the Kamal Nath Government in the employees’ payments and in the farmer’s loan waiver scheme.
For your information, let you know that in the current financial year, there will be a loan of about 14 thousand crores, in addition of both new and old loans. In addition to debt of Rs 10,400 crore of the predecessor Shivraj Government, along with a loan of Rs 3,600 crores of the Congress government is also included.
As you know, before the assembly elections, Congress had promised in its manifesto that after forming the government in the state, they would waive off the farmers' loan. In order to fulfill this promise done to the farmers, the Congress government of Madhya Pradesh has ready to take loan one more time.
For your information, let you know that Kamal Nath Government is in the process of taking a loan of Rs. 1000 crores. Earlier, the state government has taken a loan of Rs 1,600 crore and Rs 1,000 crore. Now, it has to be seen that Kamal Nath government has taken a loan for the farmers’ loan waiver, but how will they pay it? At the same time, it has to be seen which type of measures are being taken by Chief Minister Kamal Nath to increase revenue?
FEB 02 (WTN) - The Congress Government in the Madhya Pradesh is now going to borrow loan to fulfill the electoral promise done in the farmers’ loan waiver. According to the information, let you know that this is the third time when Kamal Nath Government is going to take loan on the interest. It is being said that these funds will be used by the Kamal Nath Government in the employees’ payments and in the farmer’s loan waiver scheme.
For your information, let you know that in the current financial year, there will be a loan of about 14 thousand crores, in addition of both new and old loans. In addition to debt of Rs 10,400 crore of the predecessor Shivraj Government, along with a loan of Rs 3,600 crores of the Congress government is also included.
As you know, before the assembly elections, Congress had promised in its manifesto that after forming the government in the state, they would waive off the farmers' loan. In order to fulfill this promise done to the farmers, the Congress government of Madhya Pradesh has ready to take loan one more time.
For your information, let you know that Kamal Nath Government is in the process of taking a loan of Rs. 1000 crores. Earlier, the state government has taken a loan of Rs 1,600 crore and Rs 1,000 crore. Now, it has to be seen that Kamal Nath government has taken a loan for the farmers’ loan waiver, but how will they pay it? At the same time, it has to be seen which type of measures are being taken by Chief Minister Kamal Nath to increase revenue?
