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LATEST NEWS UPDATES | Farmers' loan waiver in Maharashtra: Only 50% farmers benefit -Shruti Ganapatye

Farmers' loan waiver in Maharashtra: Only 50% farmers benefit -Shruti Ganapatye

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published Published on Oct 21, 2018   modified Modified on Oct 21, 2018
-Mumbai Mirror

The Maharashtra government’s claims about the Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana (CSMSSY), a farmers’ loan waiver scheme, have fallen flat as only around half the money – Rs 16,498 crore – has been disbursed to 39.78 lakh farmers out of the state’s 80 lakh farmers.

In June 2017, the Devendra Fadnavis government had announced Rs 34,000 crore for 80 lakh farmers. However, the latest data released by the Direct Benefit Transfer portal shows that the government’s projections were exaggerated, and Opposition parties have now demanded a clarification from the government on the issue.

On Friday, more than a year after the loan waiver was announced, the government released the 11th list of beneficiaries. “The final disbursement is of Rs 16,498 crore, and 39.78 lakh farmers have benefited from the loan waiver,” a senior official from the Maharashtra government’s agriculture and cooperatives department told Mirror.

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Mumbai Mirror, 20 October, 2018, https://mumbaimirror.indiatimes.com/mumbai/other/only-50-farmers-benefit-from-loan-waiver/articleshow/66289551.cms


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