Over six lakh Maharashtra farmers yet to get 2017 loan waiver scheme benefit: Minister in assembly
GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Mains·
Why in news
Maharashtra Cooperation Minister Babasaheb Patil reported that over six lakh farmers are still ineligible for the 2017 farm loan waiver scheme despite ongoing government funding.
Background
The Maharashtra government allocated ₹500 crore in supplementary demands for the 2017 scheme and proposed an additional ₹5,975.51 crore for the 2026-27 financial year. A high-level committee was formed to study farm loan liabilities but has not yet submitted its report.
Facts for Prelims
- FactOver six lakh farmers in Maharashtra remain ineligible for the 2017 farm loan waiver scheme.
- FactThe government proposed ₹5,975.51 crore for the 2017 scheme's implementation in the 2026-27 financial year.
- FactThe Maharashtra government clarified that no provision exists to write off industrial non-performing assets (NPAs) under this scheme.
For Mains
Q. Examine the fiscal and structural challenges in implementing large-scale farm loan waiver schemes in India. How can these schemes be made more targeted and sustainable?
Dimensions to cover in your answer
- Fiscal strain: High budgetary requirements for waiver schemes vs. long-term state debt sustainability
- Eligibility bottlenecks: Administrative hurdles in identifying and verifying eligible small and marginal farmers
- Asset classification: Distinction between agricultural loan waivers and industrial non-performing asset (NPA) write-offs
Keywords: fiscal deficit · debt distress · credit flow · targeted intervention · agrarian distress
More Agriculture notes
- Karnataka Budget: New initiatives for eco-friendly farming, efficient use of water, embrace AI tech · 6 March 2026
- Karnataka to invest ₹1 crore on training guides, auto and taxi drivers to enhance tourism · 6 March 2026
- Need to make agricultural products export-oriented, globally-competitive: PM Modi · 6 March 2026
- Stalin launches new programmes; inaugurates various projects · 5 March 2026
- Researchers, industry urged to focus on seaweed sector · 5 March 2026
- Human-animal conflict at Aralam farm: HC directs Chief Secretary to submit roadmap · 3 March 2026
Something wrong, or something missing?
Spotted a mistake in a note, or want a topic, format or PDF that would help your preparation? Write to us. We read every mail and fix errors fast.
Report a mistake →Ask for something →thesatyadheesh@gmail.com
This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.