Loan waiver gains for every member of farmer's family: Maharashtra Government

Mumbai | Saturday | 21st July, 2018

Summary:

Increasing the scope of loan waiver package, the state government on Friday, announced that loan waiver benefits could be availed by every member of the farmer's family in case of a separate loan account. Deshmukh informed that with Cabinet decision of increasing scope of loan waiver to every family member Government would have to bear additional burden of Rs 1,000 crore and 5 lakh more account holders would be eligible for the loan waiver benefits. A STAND FOR MANYWith the stand taken by the Cabinet on Thursday, an additional five lakh people will be able to avail loan waiver benefits. He said, many farmers had loan dues of more than Rs 1.5 lakh and they were eligible to avail loan waiver benefits after paying amount which is more than Rs 1.5 lakh to banks. It was his deputy (Minister of State for Cooperation) Gulabrao Patil who informed in state Assembly that a total of 58 lakh farmers have availed loan waiver scheme benefits and Rs 15,882 crore have been disbursed so far..