Farm loan waiver within two to three months: Ajit Pawar

NCP leader says it won’t drag on like previous govt.’s scheme

December 21, 2019 01:16 am | Updated 01:16 am IST - Nagpur

Senior Nationalist Congress Party (NCP) leader and former deputy chief minister Ajit Pawar on Friday said the process to grant a loan waiver to farmers will be completed within two to three months.

“The leaders of this government have promised a farm loan waiver. The government is at present discussing all aspects of the scheme. Our leader Sharad Pawar gave the loan waiver at the Centre and he is guiding us. Our government has decided to extend the benefits of the scheme to every needy farmer, and it will be completed within two to three months,” Mr. Pawar told reporters.

Taunting the previous Devendra Fadnavis-led government, which had announced a loan waiver, Mr. Pawar said the Maha Vikas Aghadi government’s scheme will not drag on for three years. “It will be completed after identifying beneficiaries and is likely to be linked with Aadhaar. It is unlikely that the Centre will fund the scheme, because if it does so for one State it will have to for others as well. Therefore, discussions need to be held over the strain on the State treasury,” he said.

Meanwhile, according to an officer from the State Finance Department, Chief Minister Uddhav Thackeray has directed the administration to look into the details of the Madhya Pradesh government’s loan waiver scheme. “Among the many options in front of the government, an absolute loan waiver of up to ₹2 lakh and bank guarantee up to ₹1 lakh more is being discussed,” the officer said.

The Bharatiya Janata Party has demanded that the State government announce the loan waiver at the earliest. Mr. Thackeray has said the decision will be taken at the appropriate time.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.