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.
Maharashtra thus became possibly the only state to have offered two consecutive farm loan waivers within two-and-a-half years of each other.
Back in 2008-09, the then UPA government at the Centre had announced a loan waiver scheme for the entire country.
States like Madhya Pradesh, Chhattisgarh and others have announced similar schemes in the recent past.