Maharashtra to Waive Loans for Poor Farmers: Revenue Minister Bawankule

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News18•03-02-2026, 08:20
Maharashtra to Waive Loans for Poor Farmers: Revenue Minister Bawankule
- •Revenue Minister Chandrashekhar Bawankule announced a loan waiver for poor farmers in Maharashtra facing financial crisis.
- •The waiver will specifically target genuinely needy farmers, excluding wealthy landowners and farmhouse owners.
- •Bawankule emphasized the government's commitment to preventing farmer suicides due to mounting debt and interest.
- •The government is also exploring long-term measures to prevent future farmer indebtedness, focusing on increasing agricultural income.
- •Criteria for defining 'poor farmers' for the loan waiver are yet to be clarified, raising questions within the farming community.
Why It Matters: Maharashtra government to implement a loan waiver for poor farmers, with criteria for eligibility pending clarification.
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