Maha govt settles 41 lakh farmers' accounts amounting to Rs 19,537cr

Image
ANI Mumbai (Maharashtra) [India]
Last Updated : Dec 06 2017 | 11:55 PM IST

The Maharashtra Government on Wednesday settled a total of 41 lakh accounts of farmers amounting to Rs 19,537 crore under the Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana.

It cleared 16,98,110 loan accounts with total amount of Rs 5580 crore and 6,05,505 loan accounts under One Time Settlement (OTS) amounting to Rs 4673 crore.

"Today, GoM has cleared 16,98,110 loan accounts under Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana with total amount of ?5580 crore. In addition to that GoM also cleared 6,05,505 loan accounts under OTS amounting to Rs 4673 crore," the Maharashtra Government tweeted.

"Till date GoM has together cleared approximately 41 lakh accounts amounting to Rs 14864 crore + Rs 4673 crore (OTS)= Rs 19,537 crore," it added.

It further said they received a lot of applications and the process would continue till last account of eligible farmer is settled.

"The total loan accounts received through applications were approximately 77 lakh. After excluding duplications and erroneous data, approx 69 lakh accounts were processed. The process will further continue till the last account of eligible farmer is settled," it added.

Maharashtra Chief Minister Devendra Fadnavis had, on June 24, announced Rs 34,022-crore loan waiver scheme for 89 lakh farmers.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 06 2017 | 11:43 PM IST

Next Story