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Digital platform helps Maha save Rs 12k cr in farm loan

Press Trust of India  |  Mumbai 

has managed to save Rs 12,000 crore in farm alone by adopting a digital platform that helped eliminate bogus claimants, Chief Minister said here Sunday.

The state had, in June 2017, announced a farm loan waiver worth Rs 34,022 crore amid rising incidents of suicides due to crop failures or falling prices and rising input costs.

The scheme made each with a debt of up to Rs 1.5 lakh eligible for the write-off. was following other states like UP, Karnataka, among others.

"Our farm scheme was executed on a digital platform and by that we could save Rs 12,000 crore just because of digital intervention. Had it been the regular way, we would have ended up paying Rs 12,000 crore more to the people and that is the power of digitisation," he said at an industry event organised by corporate lobby CII, without offering any details.

He further said the state is launching a programme which is a virtual life cycle management for every

"From sowing to harvesting, everything will be managed through a digital platform and that will give advantage to farmers to make this sector more sustainable, predictable," he said, adding it will be launched Monday.

further said the state has collaborated with the for Fourth Industrial Revolution and has started pilot project to introduce drones in agriculture.

"We are trying to make agriculture more precision-oriented so that we bring down the cost, make it predictable and connect farmers directly to technology," he said.

The state aims to cover all the villages under its connectivity programme by the end of this year.

"As part of Bharat Net, we have started our Maha Net, which has already reached out to 60 percent of our targeted villages and by the end of this year we will be reaching rest of the villages. Hopefully our fibre will reach every single village. And with this robust connectivity, we will empower every single citizen to leverage on digital governance and digital economy," he said.

He further said his government's Aple Sarkar Service Kendra has also provided to villages.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, January 13 2019. 19:30 IST