Maharashtra Budget 2026: Analyzing the ₹2 Lakh Loan Waiver and Farm Aid's Impact on Farmers

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Maharashtra Budget 2026: ₹2 Lakh Farm Loan Waiver, Major Relief for Farmers Announced

Maharashtra Budget 2026: ₹2 Lakh Farm Loan Waiver, Major Relief for Farmers Announced

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CNBC TV18•09-03-2026, 09:45

Maharashtra Budget 2026: ₹2 Lakh Farm Loan Waiver, Major Relief for Farmers Announced

•Maharashtra Budget 2026-27 announces a ₹2 lakh crop loan waiver for farmers with dues pending till September 30, 2025.
•The waiver, under Punyashlok Ahilyadevi Holkar Shetkari Karjmafi Yojna, includes a ₹50,000 incentive for regular loan repayers.
•₹20,000 crore allocated to waive electricity bills for farmers using water pumps up to 7.5 horsepower.
•State to develop a digital platform for agricultural exports and implement the Maharashtra Natural Farming Mission.
•Farm laborers to be covered under the Gopinath Munde Accident Exemption Grant Scheme for accident compensation.

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