The Rs 34,022-crore debt waiver, announced by the BJP- led government last week, would be valid only for loans taken between 2012 and June 30, 2016.
Tiwari, Chairman of the Special Task Force constituted by the government to address agrarian issues, said the provisions of the recent Government Resolution (GR) pertaining to the write off will keep most of the distressed farmers out of the purview of the waiver.
"The GR has been drafted by bureaucrats on whom one cannot pin any hope. Unless the chief minister himself intervenes to relax the stringent conditions, most of the needy and distressed farmers will be left out of the scheme," Tiwari said in a statement issued here.
"The government has constantly been saying that farmers had not benefited by the loan waiver announced by the UPA government in 2008. In that case, the present dispensation should increase the scope of loan waiver to 2009 rather than limiting it to 2012," Tiwari said.
Tiwari said the issue of repayment of loans over Rs 1.5 lakh should be left to banks and beneficiaries to decide and the state should limit itself to giving Rs 1.5 lakh waiver as announced in the scheme.
He said it would be a grave injustice to farmers if they are exempted from the scheme over GR provision that says cultivators whose brother is an income tax payee will not be eligible to avail benefits.
Meanwhile, Fadnavis said the State Level Bankers Committee (SLBC) has records of the actual beneficiaries and the government will publish their district-wise number soon.
About the impact of the mega loan waiver, the chief minister said development works will not stop but they will get slightly affected by the programme.
Finance Minister Sudhir Mungantiwar said the state will make available the list of beneficiary-farmers to Shiv Sena chief Uddhav Thackeray, who has demanded that it be made public.
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
