• search
For Quick Alerts
For Daily Alerts

All eligible farmers to get loan waiver by month-end: Govt


Mumbai, July 02: Farmers who are yet to benefit from the Maharashtra governments loan waiver scheme will be covered under the programme by the month-end, Cooperation Minister Balasaheb Patil said on Thursday.

All eligible farmers to get loan waiver by month-end: Govt

In all, 11.25 lakh farmers will benefit from the scheme and by the month-end, a total of Rs 8,200 crore will be transferred in their respective loan accounts, an official statement quoted Patil as saying.

Loan moratorium case: SC defers consideration of waiver of interest on EMI till Aug 1st week

The government had announced the Mahatma Jyotirao Phule Shetkari Karjmukti Yojana (loan waiver scheme) to give relief to debt-ridden farmers. But the scheme's implementation hit a roadblock following the outbreak of COVID-19 earlier this year, Patil said, according to the statement.

The kharif season is on at present and a process has been set in motion to ensure farmers who are yet to avail the scheme benefit get relief, the minister added. He said the farmers who have not received benefit of the scheme should complete the process of authenticating their Aadhaar.

Patil reiterated that the government has asked banks to disburse fresh crop loans to farmers whose names are there in the list of peasants eligible for the loan waiver scheme but have not received benefits yet due to the COVID-19 crisis.

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more