Maharashtra Chief Minister and Finance Minister Devendra Fadnavis on Friday announced a farm loan waiver scheme under which eligible farmers with overdue crop loans will receive relief of up to Rs 2 lakh. Presenting the state budget for 2026-27, Fadnavis also proposed an incentive of Rs 50,0
NCP-SCP MP Supriya Sule on Sunday criticised the Maharashtra government over the short State Assembly session, saying it lasted barely eight days and failed to address key issues like the state's financial condition, investment challenges, unemployment and corruption.
Maharashtra Deputy Chief Minister Ajit Pawar on Saturday said the state government will take a final decision on the proposed farm loan waiver by June 30, 2026.
Shiromani Akali Dal (SAD) president Sukhbir Singh Badal today demanded a Rs 20,000 crore package for flood relief and rehabilitation, besides a complete farm loan waiver for both farmers and 'khet mazdoor' to enable them to stand back on their feet.
It said, "Several States have announced sops pertaining to farm loan waiver, free electricity to agriculture and households, free transport, allowances to unemployed youth and monetary assistance to women in their Budget for 2024-25."
Congress leader Rahul Gandhi on Wednesday criticized the BJP, alleging that it has trapped the country's farmers in a cycle of debt. He said that the INDIA bloc aims to free farmers from this by offering them a legal guarantee of Minimum Support Price (MSP).
"Three important announcements are needed for farmer welfare in the budget - 1. Legal status to MSP 2. MSP is decided on the basis of Swaminathan formula 3. Loan waiver for farmers," Ramesh said in a post on 'X'.
Following Telangana Chief Minister Revanth Reddy's farm loan waiver announcement, BJP leader NV Subhash accused the Congress of misleading farmers with false promises.
According to an official release, CM Reddy shared details about implementing the loan waiver scheme at the Collectors Conference held at the Secretariat today (Tuesday).
"As soon as the INDIA alliance government is formed, we will waive the loans of farmers of Punjab and the whole of India. We will not just waive farmer loans just once, but will form a commission for the same and call it 'Kisaan Karza Maafi Aayog'," Rahul Gandhi said.
Congress General Secretary Jairam Ramesh on Thursday claimed that the Modi government waived bank loans worth Rs 16 lakh crore of its "crony capitalist friends" but not of farmers.