Farmers who could not repay loans availed between 2001-2009, now eligible for Maha Loan Waiver scheme

Mumbai, April 25: Big relief to farmers of Maharashtra, as Chief Minister Devendra Fadnavis announced a fresh ‘loan waiver’ package for the farmers who could not repay their farm loans availed between 2001 and 2009. These farmers will now be eligible to avail benefits of loan waiver package- Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana. 

Maharashtra Chief Minister Devendra Fadnavis on Tuesday said that around four lakh farmers who had defaulted on their loans between 2001-09, which was announced by the previous Congress-NCP government, the same farmers had now been included in the state government's farm loan waiver scheme, officially called the Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana.

 

Talking to reporters after a cabinet meeting, CM Fadnavis said that these farmers could not avail of the loan waiver that was announced earlier in 2008 as well the current one since the latter covered loans availed between 2009-16.

With this move, he said that, some four lakh farmers would benefit due to this decision.

CM Fadnavis said, "We decided to include farmers who availed loan between 2001 and 2009 which they could not repay. This is a historic decision as now all the eligible farmers would be able to avail loan waiver benefits. Those who availed the loan for shed-net, poly-house and growing Emu birds would also be waived for these farmers."

Further CM Fadnavis, informing about other decisions finalised at the cabinet meeting, said that the state would set up a labour insurance society to provide medical services to labourers.

A fund of Rs 1200-1300 Crores received from the Centre would be transferred to this proposed society to finance the insurance scheme, he said.