Madhya Pradesh's Chief Minister leads State Level Bankers Committee to support 'Mukhyamantri Ladli Behna Yojana' for public welfare

Madhya Pradesh: Shivraj Singh Chouhan, the chief minister of Madhya Pradesh, presided over a meeting of the State Level Bankers Committee on Saturday, the day before the state's "Mukhyamantri Ladli Behna Yojana" was introduced. During the meeting that took place at Samatva Bhavan in the CM's residence office in Bhopal on Saturday morning, CM Chouhan also reviewed various loan schemes and gave instructions to complete them before the end of the financial year.

Bankers promised that no bank-related issues would arise

On Sunday, the Ladli Behana Yojana will be introduced (March 5). Starting on March 15, the applications will be processed. In March and April, the application's filling-out phase will be finished. In May, the verification will take place. After that, starting on June 10, the funds will be deposited into the beneficiaries' accounts. The bankers promised that no bank-related issues would arise during the Mukhyamantri Ladli Behna Yojana's implementation during the meeting. The Ladli Behna will receive complete support.

Bank employees were given instructions to give timely loans

Additionally, they praised CM Chouhan for presenting the MP Budget 2023, which included $3.14 trillion for the state's public welfare. The bank employees were given instructions to give timely loans and financial aid to the recipients of the Agriculture Loan, Chief Minister Entrepreneur Scheme, Bhagwan Birsa Munda Self-Employment Scheme, Sant Ravidas Self-Employment Scheme, Tantya Mama Economic Welfare Scheme, Prime Minister Employment Generation Program, Dr. Bhimrao Ambedkar Economic Welfare Scheme, National Rural Livelihood Mission, Chief Minister Rural Street Vendor Scheme.

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Chouhan advised making every effort to win the first place

The meeting also covered the topic of new bank branches opening. For the benefit of street vendors, CM Chouhan also gave directives to make an effort to maintain their position at the top during the second phase. Chouhan advised making every effort to win the first place in the nation in the second phase of the scheme after securing the first place in the nation in the first phase. The beneficiaries of the scheme for the welfare of street vendors who returned the Rs 10,000 loan amount are eligible for another loan. In the second phase, a loan of Rs 20,000 is provided. The meeting included senior representatives from the State Bank of India, Central Bank, Bank of India, and other banks.

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