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Maharashtra Reaffirms Targeted Farm Loan Waiver, Opens Talks With Protest Leaders

Talks with farmer leaders begin today after the state pledged a targeted waiver, pausing bank recoveries.

Overview

  • Revenue Minister Chandrashekhar Bawankule said the waiver will cover only genuine, eligible cultivators, with a committee already set up to verify beneficiaries.
  • Banks have been told not to forcibly recover loans or adjust subsidies against dues, the state will bear interim interest, and any waiver payout will go straight to lenders rather than to farmers in cash.
  • Chief Minister Devendra Fadnavis and Deputy CMs Eknath Shinde and Ajit Pawar are slated to meet protest leader Bachchu Kadu today to discuss the demands and implementation details.
  • Agriculture Minister Dattatray Bharne said compensation for monsoon losses is being credited, with remaining payments due within ten days, after a ₹32,000 crore package and a further ₹11,000 crore approval.
  • Protesters led by Kadu seek an immediate, broad write-off yet call for excluding financially capable farmers, arguing that digital tools can swiftly identify needy recipients.