Maha Farm Loan Waiver

The Maharashtra government on Monday tabled supplementary demands of Rs 97,706.40 crore, including Rs 20,552 crore for the farm loan waiver scheme, with a net additional burden of Rs 74,817.66 crore on the exchequer. Notably, the Opposition has been demanding a complete farm loan waiver with minimal technical conditions. NCP (SP) MLA Rohit Pawar protested earlier this month to press for removal of "stringent" conditions from the farm loan waiver scheme and demand a blanket loan waiver for farmers. Chief Minister Devendra Fadnavis tabled the demands in the assembly on the first day of the legislature's monsoon session on Monday. Of the total supplementary demands, Rs 13,825.71 crore has been sought for unavoidable expenditure, Rs 66,559.40 crore for programme-related spending, and Rs 17,321.29 crore against expenditure to be supported through funds available under centrally sponsored schemes. Despite the gross demands of Rs 97,706.40 crore, the actual financial burden will be Rs ...

From a long-term perspective, however, the focus, Mirae Asset said, would be on infrastructure development, farm laws, skill development, and creating employment

Under the scheme, short-term restructured crop loan arrears up to September 30, 2019, will also be waived

Thackeray heads a coalition government of the Shiv Sena, NCP and Congress

The department is cross-checking the farmers' claims submitted on the portal with the data provided by the banks