Free Press Journal

Government expands scope of loan waiver scheme to farmer’s family


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Mumbai: The Maharashtra government has expanded the scope of the loan waiver scheme by extending the benefits to every member of the farmer’s family in case of a separate loan account and issued an official order to this effect, an official said on Sunday.

The state government had said that it had spent around Rs 14,000 crore as part of the loan waiver till March this year. The government said the scheme had so far benefitted 35.32 lakh farmers in the state.

A government resolution (GR) was issued on expanding the scope of the loan waiver scheme on August 10. The decision had been announced in the monsoon session of the state legislature held in Nagpur this year.

Earlier, the state government had considered the farmer’s family as one unit and considered it eligible to claim waiver of Rs 1.50 lakh agricultural debt.

As per the GR, every member of the family having some agricultural debt will now be covered under the scheme, which was announced last year following strident protests by farmers.

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