CM describes PM Mr. Modi’s announcements as transformational

Bhopal, January 3, 2016 (Muslim Saleem):  Chief Minister Mr. Shivraj Singh Chouhan welcoming the announcements of the Prime Minister Mr. Narendra Modi for the welfare of farmers, poor, small traders, pregnant women and senior citizens described them as transformational.  Reacting to the Prime Minister’s address to the nation, Mr. Chouhan said that the Prime Minster has shown a sensitiveness and progressive approach by giving relief to these categories. He further mentioned that the houseless families will be benefited by 4 percent interest rate exemption on loan upto Rs. 9 lakh and 3 percent interest rate exemption on loan upto Rs. 12 lakh for constructing houses under the Pradhanmantri Awas Yojna. Moreover credit guarantee for small traders, which has been increased from Rs. One crore to 2 crore will expand micro and small industry sector.  CM Mr. Chouhan further mentioned that decision to bear 60 days interest amount on loan taken by the farmers for Kharif and Rabi crops by the Union Government is in the wide interest of the farmers. Similarly, a financial assistance of Rs. 6 thousand to be provided to the pregnant women will boost self confidence in them. Moreover announcement of 8 percent interest rate on bank deposit by senior citizens is progressive. He said that all these announcements will take forward the mission to reconstruct India.  Mr. Chouhan said that the Prime Minister has taken the resolution to rebuild India. The state government with cooperation of other states will fulfill this resolution.

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