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14,000 loan waiver application from Mumbai alone
The Maharashtra state government has received 48 lakh applications for the Rs. 34, 000-crore farm loan waiver scheme which includes 14, 000 applications from Mumbai. There are applications from other states such as Uttar Pradesh, Bihar and Karnataka as well.

The government plans to do a thorough scrutiny to short-list those eligible for the waiver. An inquiry was announced because of the high number of applications received from the farmers. The government has set up 25, 000 centres for farmers to register for the scheme, which will continue till mid-September. The first list of the eligible farmers will be announced by September 30.

As per the government, 80% of the applications received were sent for processing to different state government departments. The highest number of applications came from Jalgaon with 2.86 lakh applications. 2.46 lakh applications were received from Ahmednagar, 1.8 lakh from Aurangabad, 1.59 lakh from Beed, 1.16 lakh from Buldhana, 1.09 lakh from Chandrapur and 1.01 lakh from Jalna.

Maharashtra is the fourth State after U.P., Karnataka and Punjab to announce farm loan waivers. With over ₹4 lakh crore in debts, a recent report by India Ratings warned that the loan waiver scheme will push the State’s fiscal deficit to 2.71% of the GSDP in 2017-18.
Posted on: 2017-09-08 00:29:36





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