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JHARKHAND GOVERNMENT TO WAIVE FARM LOAN UP TO 2 LAKH & RAISE FREE ELECTRICITY QUOTA TILL 200 UNITS

JAMSHEDPUR & SERAIKELA (Jharkhand), June 16, 2024

Jharkhand Chief Minister Champai Soren tiday said his coalition government was contemplating to waive farm loan up to Rs 2 lakh, building upon a previous waiver of Rs 40,000, and raise the free electricity quota to 200 units.

“We waived Rs 40,000 farmers’ loan in the past and are planning to increase it to Rs 2 lakh. Similarly, the current base of 125 unit free electricity will be increased to 200 units,” Soren said while addressing a meeting at Gandhi Maidan in Jamshedpur to inaugurate and lay foundation of development projects.

Soren emphasised the government’s commitment to supporting unemployed youth by offering loans of Rs 25 lakh with a 40 per cent subsidy to initiate businesses for sustainable livelihoods.

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