Against the backdrop of strident protests by cultivators in various parts of the state, the Devendra Fadnavis government today decided in principle to waive farmers' loans with certain stipulations.
The former Union agriculture minister told reporters the loan waiver decision should be implemented soon so that farmers can apply for new loan for the Kharif season and concentrate on sowing.
"Farmers are demanding a loan waiver on the lines of Uttar Pradesh. The Maharashtra government took the decision today, days after farmers took to streets and protested for their demands," he said.
Seeking to take credit for the loan waiver, the former deputy chief minister said, "The government was forced to announce the loan waiver as we took to street and fought for the loan waiver. This decision should have been taken during the Budget session, which would have saved lives of many farmers who have committed suicide due to indebtedness".
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
