Madhya Pradesh MP Loan Waiver Scheme for Tribals – Rupay Debit Cards

MP Loan Waiver Scheme for Tribals – Rupay Debit Cards [Rs. 10,000 from ATMs]

On the even of World Tribal Day, Madhya Pradesh government has decided to start MP Loan Waiver Scheme for Tribals. Under this scheme, all the adivasis who have taken loans from unofficial money lenders would now be waived off. Moreover, Kamal Nath govt. will also provide separate Rupay debit cards to tribal people. In case of emergency, all the adivasi people would be able to withdraw Rs. 10,000 from bank ATM’s.

There is a ban on money lending in Madhya Pradesh and only those who have a license for money lending can extend loans. So, CM Kamal Nath led MP govt. decided that all loans contracted by tribals from unofficial sources would now be deemed discharged.

This decision comes as a big relief for tribals who have taken loans from ‘sahukars’ and now would not have to repay them.

MP Tribals Loan Waiver Scheme 2019

All the tribals who have taken loans from unofficial lines of credit, such as from traditional money lenders, would not have to repay them. The MP state government would not repay those loans either. This MP Tribals Loan Waiver Scheme 2019 is announced by CM Kamal Nath on 9 August 2019. This new loan waiver scheme will be effective in 89 out of 313 blocks in the Madhya Pradesh state that are designated as tribal blocks.

MP government will also ensure that tribals get back valuables such as jewellery or land transferred to money- lenders as collateral. This MP loan waiver scheme for tribals will benefit around 1.5 crore tribals in the state. Madhya Pradesh govt. has made all necessary arrangement to roll out MP tribals loan waiver scheme 2019. The loans will start getting waived from August 15 in all 89 ST (tribal) blocks.

CM Kamal Nath has also announced that ATMs would be opened in every tribal haat (market place). Any tribal family will now get 50 kg of food grains on birth of a child and 40 new Eklavya schools would be opened. Moreover, shrines of tribals would be protected and govt. will make restored and efforts to record and preserve stories of tribal cultural icons.

मध्यप्रदेश सरकार प्रदेश के आदिवासियों के कल्याण और सर्वांगीण विकास के लिए संकल्पित है। आदिवासियों के हित के संरक्षण की दिशा में मुख्यमंत्री श्री कमल नाथ ने कई ऐतिहासिक फैसले लिये।@JansamparkMP @WelfareTribal

— CMO Madhya Pradesh (@CMMadhyaPradesh) August 11, 2019

The state government is also going to provide the tribals with Rupay debit cards. These cards will enable adivasi people to withdraw upto Rs. 10,000 from ATMs.