Disbursal of Rs 10000 advance to farmers starts in Maha

Farmers tilling up to 5 acres of land will get waivers of up to Rs2 lakh while other marginal farmers will get a flat Rs2 lakh waiver

The chief minister, however, had maintained that his government is ready for waiver if the Centre waives farm loans taken from nationalised banks.

On June 11, Maharashtra Chief Minister Devendra Fadnavis announced farm loan waiver which would require his government to raise Rs 25,000 crore or more. "We are now under pressure to prevail over the Centre to announce a waiver for farmers who have taken loan from nationalised banks", said a senior BJP functionary.

Estimated to cost the State exchequer ₹8,165 crore, the waiver will benefit 22,27,500 farmers who took interest-free short-term loans from cooperative banks in the State.

Rajasthan, Haryana and Gujarat may follow the series of farm loan waiver programs. After all, he is the chief ministerial candidate of his party. About 23 lakh farmers have obtained farm loans totalling about Rs. 10,500 crore through Co-operative Banks.

Maharashtra minister of state for home Ranjitsinh Patil today attended an event in his hometown in Akola district and disbursed loans to farmers. Congress attacked the government and said that it is not serious about resolving the hardships of farmers. Even these norms were revised -a government servant who draws a salary less that Rs 20,000 and is also a farmer can avail of this scheme.

Accusing BJP of abandoning and forgetting the farmers, Congress Vice President Rahul Gandhi during his recent visit to the state had advised the state government to assist them.

Appreciating the government for understanding farmer's feelings, Opposition Leader Jagadish Shettar said: "Let us together work towards ensuring central assistance to farmers".

When Yogi Adityanath waived off farmers' loans worth Rs 36,359 crore last April, little did the newly elected Uttar Pradesh chief minister know that he was setting off a trend across the country. "We have got FRBM Act (Fiscal Responsibility and Budget Management Act) and fiscal deficit target, we intend adhering to it", he said. He wrote on Twitter: "On behalf of our farmers, I request @PMOIndia to consider the acute drought & waive farmer loans from commercial banks". "Urjit Patel had asked not to go for farm loan waiver, but thousands of crores of loans by corporates were written off".

Related news:

Hot News

isis-killer-beheading-video-story-top Trump welcomes president of Panama to White House
Jun 21, 2017 - 02:04
The visit marks their first face-to-face meeting since Trump took office. Walls aren't the only thing President Trump enjoys touting. PRESIDENT TRUMP: We did a very good job.

isis-killer-beheading-video-story-top Google will help you Search for a job
Jun 21, 2017 - 02:02
Those using Google in English on the desktop and mobile devices will see such results beginning immediately. All the jobs listed at different sites are attributed with something that identifies them as a job posting.

isis-killer-beheading-video-story-top AIIB injects new vitality to infrastructure development
Jun 21, 2017 - 01:57
China owns 32.3 percent in the AIIB, followed by India with 9.08 percent, Russian Federation with 7.09 percent and Germany with 4.87 percent.

isis-killer-beheading-video-story-top Senate Overwhelmingly Passes Corker Authored Iran And Russia Sanctions
Jun 20, 2017 - 00:57
Rand Paul and Sen. "However, we can't accept the threat of illegal and extraterritorial sanctions against European companies", they said.

isis-killer-beheading-video-story-top Russian Federation urges Trump to discard 'Cold War' policy on Cuba
Jun 20, 2017 - 00:57
The main reason Trump is now pretending to care about democracy in Cuba is that he has been urged to do so by Florida Sen. Bush, Carlos Gutierrez, says that "Cubans in Cuba will be terribly disheartened" if Trump decides to reverse course.

Trump Confidant: Ruddy Hurt Trump's Ability To Fire Mueller
Jun 20, 2017 - 00:48
He told a Senate panel Tuesday that he, and not Attorney General Jeff Sessions , who had the authority to terminate Mueller. However, White House sources told The Times that Trump is hard to predict, and they can not be sure he won't fire Mueller.

isis-killer-beheading-video-story-top US official's 'quiet diplomacy' led to Warmbier's release
Jun 19, 2017 - 00:36
His father, Fred Warmbier, told Fox News that his son was "terrorized and brutalized" and has been in a coma for more than a year. He praised Otto's "adventurous side" and said it was "tough to process" how his son was treated by the North Korean regime.

isis-killer-beheading-video-story-top Boxer who was in critical condition after fight is dead, family says
Jun 19, 2017 - 00:28
But at the UFC's second "Fight for the Troops" show in January 2011, he was stopped by Matt Mitrione with a first-round TKO. Braidwood is now ranked first in heavyweight boxing in western Canada and is ranked ninth overall with KO boxing.

isis-killer-beheading-video-story-top One dead, 35 injured in India's Darjeeling clashes
Jun 19, 2017 - 00:09
Cops realised around 11.15 am that they were heavily outnumbered and fled even as GJM supporters torched parked police vehicles. Refusing to get intimidated by the protesters, CM Banerjee on Monday said that she will not "bow down to threats".

isis-killer-beheading-video-story-top Can't think of all-time India XI without considering Yuvraj: Dravid
Jun 18, 2017 - 01:42
And they're learning quickly because they get exposed to the IPL as well, which is a big tournament with worldwide cricketers. That was the reason I could spend a lot of time at the ground.

Insomniac Confirms Marvel's Spider-Man Will Have Alternate Outfits
Jun 18, 2017 - 01:42
Another big addition to Spider-Man's arsenal of acrobatic talents? Its stumpy arms are poseable, but he's otherwise immobile. That this is not a beginner's Spider-Man, a Spider-Man who's been at this for eight years now and is a master at his craft.

isis-killer-beheading-video-story-top Mayweather, UFC star McGregor agree to August fight
Jun 17, 2017 - 11:23
He has shown that he can be a champion in two different weight classes, but now he is switching sports - which will be hard . Sly , who is often ring side at the biggest fights, is a minority owner of the UFC , and he's rooting for the Irishman.

isis-killer-beheading-video-story-top ACC record 75 players selected in 2017 MLB Draft
Jun 17, 2017 - 11:21
The live feed can be followed here , and the Draft Tracker is here (hopefully doesn't have many freezing issues this year). Lowther has already surpassed his strikeout total from last season with 123 strikeouts in 2017.

isis-killer-beheading-video-story-top Major League Baseball to relax uniform rules for 'Players Weekend' in August
Jun 17, 2017 - 11:20
Milwaukee is finishing up a nine-game road trip against the Dodgers during Players Weekend . White gloves, sleeves, and wristbands are prohibited.

isis-killer-beheading-video-story-top Trump to announce changes in Cuba policy
Jun 16, 2017 - 06:13
Tourism to the island is still strictly prohibited, but White House officials said that enforcement of the ban has been lagging. The Cuban military runs the port, so a prohibition on dealing with military-related companies would shut off use of the port.