Farmers have had to face adverse conditions in the agricultural sector for the last several years. As a result, many farmers are not able to make regular payments even after obtaining crop loans from banks/committees even if they want to. No special steps have been taken by the banks to reduce the indebtedness of the agricultural sector.
he Madhya Pradesh Government has established a new scheme for the farmers called Mukhya Mantri Fasal Rin Mafi Yojana, also known as Madhya Pradesh Crop Loan Waiver Scheme. This scheme came into force from January 15th, 2019. The beneficiaries lists along with green and white application forms for the project can be obtained from every Gram Panchayats in the state.
The scheme was announced as a poll promise by the current Chief Minister of the State for farmers who all unable to pay back their short-term crop loans that were taken from nationalised and cooperative banks as on March 31st 2018. The principal secretary of the farmers’ welfare and agriculture development department has issued an order for the implementation of the scheme.
Eligibility of the Scheme
- The benefits of the scheme can be availed only by farmers belonging to Madhya Pradesh.
- The scheme waives off crop loans up to Rs. 2 Lakh.
- The scheme is applicable for crop loans that are taken till 12th December 2018.
- Loans that are taken from nationalised and cooperative banks will be waived off.
Beneficiaries List of the Scheme
The beneficiaries list for MP farm loans waivers can be availed by visiting the Gram Panchayats across the villages of the state. Farmers have to visit their Gram Panchayats to check their names in the beneficiaries lists.
Application Forms
he application forms for the scheme can be availed from all gram panchayats of the state. The Madhya Pradesh Government has printed 80 lakh forms for the loan waiver application. All eligible farmers are requested to apply for the loan as soon as possible. The application forms are in two colours namely green application forms and white application forms.
Green Forms: The green application forms are for those farmers who have Aadhaar cards.
White Forms: The white application forms are for those farmers who do not possess Aadhaar cards.
Application Procedure
Step 1: Approach the Panchayat Office
The applicant has to approach the concerned Gram Panchayat office.
Step 2: Check the Name
The applicant has to ensure that his/ her name is included in the beneficiaries list.
Step 3: Obtain the Application Form
The applicant has to obtain the appropriate application form. Those farmers having an Aadhaar card has to acquire a green application form whereas, those farmers who do not possess an Aadhaar card, has to obtain a white application form.
Step 4: Enter the Details
The following details have to be entered in the application form.
- Name of the Applicant
- Age of the Applicant
- Residential Address
- Family Details of the Applicant
- Contact Number
Step 5: Submit the Application
The applicant has to sign and submit the application to the concerned Gram Panchayat office.
FAQs
What is the Mukhya Mantri Fasal Rin Mafi Yojana (MMFRMY)?
The Mukhya Mantri Fasal Rin Mafi Yojana is a scheme launched by the government of a state (such as Uttar Pradesh) aimed at providing relief to farmers by waiving their agricultural loans or providing assistance for loan repayment.
Who is eligible to benefit from the MMFRMY?
Eligibility criteria may vary depending on the specific guidelines of the scheme, but typically, small and marginal farmers who have taken agricultural loans from specified lending institutions within a certain timeframe are eligible for the benefits.
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