Loan Waiver Update: Regular Repayers May Get Benefits, Strict Scrutiny for Defaulters

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News18•18-02-2026, 08:19
Loan Waiver Update: Regular Repayers May Get Benefits, Strict Scrutiny for Defaulters
- •Maharashtra government indicates loan waiver will not be universal, focusing on genuinely distressed farmers.
- •Strict investigation planned for farmers who previously benefited from 2008, Chhatrapati Shivaji Maharaj, and Mahatma Jyotirao Phule loan waiver schemes.
- •Farmers repeatedly benefiting from all three past schemes and still defaulting may be excluded this time.
- •Government considering additional benefits for farmers who regularly repay their loans, advocating for their justice.
- •Only arrears up to June 2025 will be considered for the waiver; bank employees instructed to educate farmers to prevent misconceptions.
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