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Maha CM announces loan waiver of up to Rs 2 lakh for farmers

Maharashtra CM on Saturday said that crop loans outstanding till September 30, 2019, will be waived by his government. The upper ceiling for the amount is Rs two lakh. The scheme will be called Mahatma Jyotirao Phule loan waiver scheme.

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Published : Dec 21, 2019, 6:54 PM IST

Updated : Dec 21, 2019, 7:25 PM IST

Maha CM announces loan waiver of up to Rs 2 lakh for farmers
Maha CM announces loan waiver of up to Rs 2 lakh for farmers

Nagpur (Maharashtra): The Maharashtra government on Saturday announced a loan waiver of up to Rs two lakh for farmers, with a cut off date of September 30, 2019.

Chief Minister Uddhav Thackeray made the announcement in the Legislative Assembly here on the last day of the winter session of the legislature.

"Crop loans outstanding till September 30, 2019, will be waived by my government. The upper ceiling for the amount is Rs two lakh. The scheme will be called Mahatma Jyotirao Phule loan waiver scheme," Thackeray said.

Besides, a special scheme would be offered for the farmers who repay their loans on time, he said.

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

Finance Minister Jayant Patil said the waiver would be unconditional, and details would be communicated by the chief minister's office in due course.

Leader of Opposition Devendra Fadnavis alleged that the government had not fulfilled its original promise of full loan waiver.

He also said the Sena-led government failed to give assistance of Rs 25,000 per hectare to farmers who suffered losses due to unseasonal rain, a demand which Thackeray himself had made earlier before he became CM.

Fadnavis and other BJP MLAs then staged a walkout in protest.

ALSO RAED :Pakistan, B'deshi nationals must leave irrespective of religion: Raj Thackeray

Nagpur (Maharashtra): The Maharashtra government on Saturday announced a loan waiver of up to Rs two lakh for farmers, with a cut off date of September 30, 2019.

Chief Minister Uddhav Thackeray made the announcement in the Legislative Assembly here on the last day of the winter session of the legislature.

"Crop loans outstanding till September 30, 2019, will be waived by my government. The upper ceiling for the amount is Rs two lakh. The scheme will be called Mahatma Jyotirao Phule loan waiver scheme," Thackeray said.

Besides, a special scheme would be offered for the farmers who repay their loans on time, he said.

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

Finance Minister Jayant Patil said the waiver would be unconditional, and details would be communicated by the chief minister's office in due course.

Leader of Opposition Devendra Fadnavis alleged that the government had not fulfilled its original promise of full loan waiver.

He also said the Sena-led government failed to give assistance of Rs 25,000 per hectare to farmers who suffered losses due to unseasonal rain, a demand which Thackeray himself had made earlier before he became CM.

Fadnavis and other BJP MLAs then staged a walkout in protest.

ALSO RAED :Pakistan, B'deshi nationals must leave irrespective of religion: Raj Thackeray

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Maha CM announces loan waiver of upto Rs 2 lakh for farmers
         (EDs: adding quotes)
         Nagpur, Dec 21 (PTI) The Maharashtra government on
Saturday announced a loan waiver of upto Rs two lakh for
farmers, with a cut off date of September 30, 2019.
         Chief Minister Uddhav Thackeray made the announcement
in the Legislative Assembly here on the last day of the winter
session of the legislature.
         "Crop loans outstanding till September 30, 2019, will
be waived by my government. The upper ceiling for the amount
is Rs two lakh. The scheme will be called Mahatma Jyotirao
Phule loan waiver scheme," Thackeray said.
         Besides, a special scheme would be offered for the
farmers who repay their loans on time, he said.
         Thackeray heads a coalition government of the Shiv
Sena, NCP and Congress.
         Finance Minister Jayant patil said the waiver would be
unconditional, and details would be communicated by the chief
minister's office in due course.
         Leader of Opposition Devendra Fadnavis alleged that
the government had not fulfilled its original promise of full
loan waiver.
         He also said the Sena-led government failed to give
assistance of Rs 25,000 per hectare to farmers who
suffered losses due to unseasonal rain, a demand which
Thackeray himself had made earlier before he became CM.
         Fadnavis and other BJP MLAs then staged a walk out in
protest. PTI ND MR
KRK
KRK
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Last Updated : Dec 21, 2019, 7:25 PM IST
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