TNPSC Thervupettagam

Farm loan waiver - Maharashtra

January 6 , 2020 1682 days 1148 0
  1. The new Maharashtra government has announced a loan waiver for farmers who had up to Rs 2 lakh in pending loans between April 1, 2015 and March 31, 2019.
  2. Maharashtra thus became possibly the only state to have offered two consecutive farm loan waivers within two-and-a-half years of each other.
  3. Back in 2008-09, the then UPA government at the Centre had announced a loan waiver scheme for the entire country.
  4. States like Madhya Pradesh, Chhattisgarh and others have announced similar schemes in the recent past.

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