More than 13 Lakh Maharashtra farmers disbursed with crop loan worth over Rs 8300 Cr
 Source : News Bharati English  Date : 16-Jun-2017

Mumbai, June 16: Maharashtra farmer were on several days strikes demanding to loan waiver off. Chief Minister Devendra Fadnavis promised to fulfill the demands by waiving loans only for those marginal and ‘genuine’ farmers who repaid loans regularly.

Also, Maharashtra CM Devendra Fadnavis had called for the high-powered committee to look into the various demands of farmers, including a loan waiver. After holding various discussions and agreeing to the demands of farmers, Maharashtra is the only state that has agreed to give a total farm loan waiver.

The state government has distributed crop loan to 13 lakh 85 thousand farmers worth over 8,300 crore rupees between 1st 12th of this month for the current Kharif season, informed Maharashtra Cooperatives Minister Subhash Deshmukh in Mumbai.

Subhash Deshmukh also informed that out of the total loan disbursal target of 40,547 crore rupees, the disbursed loan amount is 21% is set for this Kharif season. He said, “the PSU banks have been asked to use the existing network of district central cooperative banks as well as credit cooperative societies for the disbursement of 10,000 rupees as the primary loan to needy farmers”.

From the state government's offer to grant Rs 10,000 as an interim loan, around 32 lakh farmers would be benefited.

Earlier, announcing the waiver, Maharashtra Revenue Minister Chandrakant Patil said in a press conference, “Those farmers have to be helped who have repaid their loans regularly so that the credit culture and discipline is not disturbed. The committee will link farm loans with the farmers who are dependent on farming as their only means of livelihood and who deserve relief. Farm loans of all such farmers are being waived off.”

Farm leaders who attended the meeting told a joint press conference that they were calling off the protest with immediate effect. “If these demands are not met by 25 July, we will resort to an even more powerful protest,” said Swambhimani Shetkari Sanghatana president and lawmaker Raju Shetty.

Farmers in Maharashtra launched an unprecedented stir on June 1 which has affected the supply of milk and vegetables in major urban Centres including Mumbai. While refraining from selling their agricultural produce in many parts of the state, the cultivators took to the streets to disrupt the movement of vehicles carrying farm produce to cities.