Sunday 19th, November 2017
canara news

10 lakh farmers to benefit on first day of loan waiver

Published On : 18 Oct 2017   |  Reported By : Courtesy: The Hindu   |  Pic On: Photo credit : The Hindu

 Mumbai, (The Hindu): The much-awaited farm loan waiver scheme of Maharashtra will start on Wednesday, and the phase-wise disbursement will take at least one month, said Chief Minister Devendra Fadnavis on Tuesday.

Mr. Fadnavis, at his official residence Varsha, told reporters that around 10 lakh farmers will benefit on the first day. “We have received around 77–80 lakh applications. We expect to complete the process in the next 25–30 days.”


“We are in favour of the loan waiver, but the money required for the scheme cannot be diverted from the SC and ST sub-plan. We strongly condemn the government action of diverting fund,” said Priyadarshi Telang, convener, Dalit Adivasi Adhikar Andolan.

He said the government should bring in a legislation on lines of Karnataka, Telangana, and Andhra Pradesh whereby any diversion of funds is prohibited.

The loan waiver scheme was caught in the controversy after the government made it mandatory that farmers file application forms and link those with their Aadhaar numbers.

The government missed the deadline of October 1 to start depositing money in farmers’ accounts. It happened as the government did not receive the application form details from banks. Further, the code of conduct due to gram panchayat polls delayed the process.

More News

After HC rap, govt. to give Aarey land for Christian cemetery
After HC rap, govt. to give Aarey land for Christian cemetery
Police increase Deepika’s security after threat
Police increase Deepika’s security after threat
Council by-election: anti-BJP forces may put up joint fight
Council by-election: anti-BJP forces may put up joint fight

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will be held responsible.