To benefit farmers, the Madhya Pradesh BJP government has decided to continue the scheme for providing short-term crop loans to farmers at zero percent interest through cooperative banks for the year 2025-26.
The decision granting the approval for the continuation of the scheme was taken during the meeting of the state cabinet presided over by Chief Minister Dr Mohan Yadav at the State Secretariat in Bhopal on Thursday.
Under the scheme, no interest will be charged on short-term crop loans up to Rs 3 lakh given by Primary Agricultural Credit Cooperative Societies (PACS) to farmers who repay the loan by the due date of the Kharif and Rabi seasons. The state government will provide a general interest subsidy of 1.5 percent to all farmers, and an additional interest subsidy of 4 percent as an incentive to farmers who repay the loan by the due date. A target of distributing Rs 23000 crore has been set in the current year.
The due date for the Kharif 2025 season has been set as March 28, 2026, and for the Rabi 2025-26 season as June 15, 2026.
The cabinet also approved the upgradation of 800 beds in the district hospitals of Tikamgarh, Neemuch, Singrauli, Sheopur and Dindori, and 810 new posts for these hospitals. In this, 543 regular, four contractual and 263 posts have been approved through an outsourcing agency.
An annual expenditure of Rs 39.50 crore has also been approved for the creation of posts. As per the approval, the number of beds in the district hospital Tikamgarh has been increased from 300 to 500, in Neemuch from 200 to 400, in Singrauli from 200 to 400, in Sheopur from 200 to 300 and in the district hospital Dindori the number of beds has been increased from 100 to 200.
The Council of Ministers has decided to create seven new posts – one new post of Civil Judge, Junior Division level and six posts of Class III and IV under their staff in Tehsil Malthone of Judicial District Sagar of Registrar High Court Madhya Pradesh Jabalpur.
The cabinet also decided to fix the reserve price of the land for disposal at 100% area as per the collector’s guideline. This will generate more revenue for the state government. As per the decision, approval was given for a change in the determination of offset price by amending clause 10.11 of the Re-densification Policy 2022.
Earlier, the offset price was determined at 60% area and 100% collector guideline rate; now the offset price will be determined at 100% area and 100% collector guideline rate. This will make more funds available for development works.