Loan Waiver: Maharashtra Releases 1st List Of Over 15,000 Beneficiaries
A woman is silhouetted against the sun as she carries a container of dung on her head in Beed district, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)  

Loan Waiver: Maharashtra Releases 1st List Of Over 15,000 Beneficiaries

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The Maharashtra government on Monday released the first list of 15,358 beneficiaries of the state farm loan waiver scheme.

On the occasion, Chief Minister Uddhav Thackeray and his deputy Ajit Pawar interacted via video conferencing with some farmers whose bank accounts were credited with funds. "Under the Mahatma Jyotirao Phule farm loan waiver scheme, 34,83,908 farmer accounts have been identified," said a statement issued by the Chief Minister's Office.

Thackeray said implementation of the scheme has been done within 60 days of its announcement and credited the state machinery for the speedy execution. The scheme writing off the loans of farmers whose crop loan outstanding is up to Rs 2 lakh up to Sept. 30, 2019, was announced by the chief minister in December last year, after taking charge of the coalition government.

During the video conferencing interaction from the Vidhan Bhawan, farmer VithalraoGarud from Parbhani told the CM that his debts have been cleared. He invited Thackeray for the wedding of his daughter. Popat Mukte, a farmer from Ahmednagar district, expressed satisfaction over the simple procedure to claim the loan waiver, which he said saved him the ordeal of doing rounds of government offices.

Also read: Loan Waivers Encourage Defaults, Re-Examine Farm Subsidy: RBI

Mukte said the new crop loan waiver scheme stood out from the earlier one launched by the then BJP government in the ease of the procedure. "Earlier, money was received after doing several rounds of government offices. Now, the work is swift," he said. Earlier in the day as the budget session was about to begin, BJP legislators staged a protest on the steps of the Vidhan Bhawan building demanding complete loan waiver for farmers.

They demanded that the Maharashtra Vikas Aghadi government write off farmers' debts completely and also provide them a financial assistance of Rs 25,000 per hectare for crop damage.

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