Farm loan waiver: Maharashtra plans special provision of Rs20,000 crore

Mumbai: Maharashtra chief minister Devendra Fadnavis told the legislative assembly on Monday that the government would make a special provision of Rs20,000 crore to part-finance the Rs34,022 crore farm loan waiver it announced in June.

The opposition Congress and Nationalist Congress Party legislators, however, staged a walkout, protesting against what they called the government’s “delaying tactics”. Supplementary demands to be tabled during the session that began on Monday will provide for Rs20,000 crore, Fadnavis said.

The leader of the opposition Radhakrishna Vikhe-Patil and Nationalist Congress Party’s group leader in the assembly Ajit Pawar raised the issue soon after the house assembled.

Both Vikhe-Patil and Pawar pointed out that nearly a month after the government announced the loan waiver, no information was forthcoming about the number of beneficiaries covered. An overwhelming majority of farmers had not received even the special loan of Rs10,000 for the kharif season, Pawar said. Vikhe-Patil questioned the need for getting application forms filled up by the prospective beneficiaries of the loan waiver. Read more

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