Farmer Loan Waiver
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News1803-02-2026, 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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