10 lakh farmers to benefit on first day of loan waiver

Phase-wise disbursement will take at least a month: CM

October 18, 2017 01:44 am | Updated 09:32 am IST

 Chief Minister Devendra Fadnavis said around 77-80 lakh applications have been received from farmers.

Chief Minister Devendra Fadnavis said around 77-80 lakh applications have been received from farmers.

Mumbai: The much-awaited farm loan waiver scheme of Maharashtra will start on Wednesday, and the phase-wise disbursement will take at least one month, said Chief Minister Devendra Fadnavis on Tuesday.

Mr. Fadnavis, at his official residence Varsha, told reporters that around 10 lakh farmers will benefit on the first day. “We have received around 77–80 lakh applications. We expect to complete the process in the next 25–30 days.”

Meanwhile, questions have been raised over diverting money from the scheduled caste and scheduled tribe sub-plan.

On October 16, a government resolution was issued, transferring ₹500 crore from the sub-plan to the cooperation department for the loan waiver, which was also mentioned in the supplementary demands presented in the monsoon session.

“We are in favour of the loan waiver, but the money required for the scheme cannot be diverted from the SC and ST sub-plan. We strongly condemn the government action of diverting fund,” said Priyadarshi Telang, convener, Dalit Adivasi Adhikar Andolan.

He said the government should bring in a legislation on lines of Karnataka, Telangana, and Andhra Pradesh whereby any diversion of funds is prohibited.

The loan waiver scheme was caught in the controversy after the government made it mandatory that farmers file application forms and link those with their Aadhaar numbers.

The government missed the deadline of October 1 to start depositing money in farmers’ accounts. It happened as the government did not receive the application form details from banks. Further, the code of conduct due to gram panchayat polls delayed the process.

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