Maharashtra govt announces mega farm loan waiver scheme

DN Bureau

The scheme, announced by Chief Minister Devendra Fadnavis at a press meet here, involves Rs 34,000 crore of relief.

Maharashtra Chief Minister Devendra Fadnavis
Maharashtra Chief Minister Devendra Fadnavis

Mumbai: The BJP-led Maharashtra government today announced a major farm loan waiver scheme that will see debt of up to Rs 1.5 lakh per farmer being written off.

The scheme, announced by Chief Minister Devendra Fadnavis at a press meet here, involves Rs 34,000 crore of relief.

 

Also Read: Farmers protest over farm loan waiver issue on NH-1 in Punjab


Named after Maratha warrior king Shivaji Maharaj, the programme will benefit 89 lakh farmers and make 40 lakh agriculturists debt-free, Fadnavis said.

A view of meeting 


Farmers in many parts of Maharashtra were on a warpath early this month, which disrupted supply of vegetables and other essentials to cities, including Mumbai.
 

Also Read: State cannot progress without farmers, asserts MP CM Chouhan


They were demanding a loan waiver, which was backed by all political parties. The stir was called off after the government gave them a firm assurance on brining in a comprehensive scheme to help the debt-pressed cultivators.

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