If you’re a farmer in Madhya Pradesh facing difficulties with agricultural loans, the MP Krishak Byaj Mafi Yojana 2025 could be the help you need. This scheme, started by the Madhya Pradesh government, waives the interest on your pending agricultural loans. More than 11 lakh farmers in the state will benefit, with the government waiving around Rs 2,123 crore in interest dues. If you took an agriculture loan from the state government and are struggling to pay the interest, this scheme can help you become debt-free.
About MP Krishak Byaj Mafi Yojana 2025
The MP Krishak Byaj Mafi Yojana 2025 supports farmers in Madhya Pradesh who have taken loans from the government but have not repaid them by March 31, 2024. The Chief Minister, Shivraj Singh Chouhan, announced this scheme to waive the accumulated interest of farmers who have defaulted. The government has set aside Rs 350 crore for this scheme in the current financial year to help more than 11 lakh farmers with their outstanding loan interest.
Main Details of the Scheme
| Scheme Name | MP Krishak Byaj Mafi Yojana 2025 |
| Launched By | Madhya Pradesh Government |
| Beneficiaries | Farmers of Madhya Pradesh |
| Objective | Waiver of outstanding agricultural loan interest |
| Financial Year | 2024-2025 |
| Application Mode | Online (Website to be announced) |
Purpose of MP Krishak Byaj Mafi Yojana
The main aim of this scheme is to give financial relief to farmers who cannot repay their agricultural loans taken from the government. By waiving their interest dues accumulated until March 31, 2024, the scheme wants to reduce their debt and help them focus on farming without money worries.
Main Benefits of the Scheme
- Interest waiver on agricultural loans for over 11 lakh defaulting farmers.
- Relief totaling Rs 2,123 crore in waived interest.
- The government has provided Rs 350 crore to fund the scheme in 2024-2025.
- Financial freedom to weaker farmers, helping them stabilize their farming activities.
Documents and Eligibility Criteria
- You must be a permanent resident of Madhya Pradesh.
- Copy of Aadhaar Card.
- Proof of residence.
- Birth Certificate.
- Identity Proof.
- Documents proving ownership of farming land.
How to Apply for MP Krishak Byaj Mafi Yojana?
The Madhya Pradesh government has announced the scheme, but the official website for online application is not launched yet. Once it’s available, eligible farmers can apply online to get benefits from this interest waiver scheme. Keep an eye on official government updates and trusted sources for the application’s launch. We will also keep you updated once the website goes live.
MP Krishak Byaj Mafi Yojana 2025 is a strong step toward supporting farmers and making agriculture more sustainable. If you’re a farmer in Madhya Pradesh with pending loan interest, watch for official updates to take advantage of these benefits soon.