Plugins's Label is not working HorizontalBar in Angular 8

Plugin Labels which works perfectly fine with Bar (Vertical) with ng2-chartjs, doesn't work with Horizontal Bar. Below is the code snap used which I referred from the code in this issue section.

  plugins: {
      labels: {
        render: 'value',
        fontColor: '#000000',
        fontSize: 15,
        fontStyle: 'bold',
        textMargin: 3,
        position: 'default'
      }