Loan waiver to remaining seven districts of Maharashtra

Mumbai, May 28 (UNI) The Maharashtra government today decided to offer a loan waiver to farmers of seven districts in the state that were left out of the Central government package.

A decision to this effect was taken in the Cabinet meeting at Mantralaya here. This will burden the exchequer with Rs 141 crore.

The Union government has declared a loan waiver for small and marginal farmers in the budget and the scheme was further made applicable to farmers without maximum landholding limit.

As per the Central government norms, only 26 districts were covered under the scheme. But the state Cabinet, after discussion, today decided to extend the loan waiver scheme to the districts of Thane, Raigad, Ratnagiri, Sindhudurg, Kolhapur, Bhandara and Gondia.

These seven districts were not covered under the Central scheme.

Although there was not any formal proposal brought before the Cabinet, it took stock of the situation and directed the Co-operation department to issue the appropriate orders.

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