Chief Minister Announces ₹75,000 Crop Loan Waiver for Farmers
Listen to the story
The Chief Minister has made a big announcement for farmers. He said the government will give a waiver on crop loans. This means farmers do not have to pay back some of their loan money.
The waiver is for farmers who owe between ₹75,000 and ₹1 lakh. The government will remove ₹75,000 from these loans. This is called a relief scheme. It helps people who have money problems.
Many farmers borrow money to buy seeds and tools. This is a crop loan. If the crop fails, farmers cannot pay back the loan. The new scheme will help these farmers.
People are now asking who will get the most benefit from this waiver. The government has not given all the details yet. But farmers are happy about the news.
This announcement is good news for farmers in the state. Many people think it will help poor farming families a lot.
Vocabulary15 words
- waiver
- when you do not have to pay money you owe
- crop loans
- money farmers borrow to grow food
- relief scheme
- a government plan to help people
- Chief Minister
- the top leader of a state
- borrow
- to take money and pay it back later
- announcement
- when someone tells important news
- benefit
- something good you get
- government
- the group that runs a country or state
- farmers
- people who grow food
- details
- small facts about something
- scheme
- a plan
- state
- a part of a country
- money problems
- not having enough money
- poor
- not having much money
- families
- groups of people related to each other
Quiz
Answer key
1. The Chief Minister 2. ₹75,000 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
The Chief Minister has made a big _____ for farmers.
He said the government will give a _____ on crop loans.
This means farmers do not have to pay back some of their _____ money.
The waiver is for farmers who _____ between ₹75,000 and ₹1 lakh.
The government will remove ₹75,000 from these _____.
This is called a relief _____.
Many farmers _____ money to buy seeds and tools.
If the crop fails, farmers cannot pay back the _____.
People are now asking who will get the most _____ from this waiver.
Many people think it will help poor farming _____ a lot.