Overview
- The state formed a nine-member committee chaired by MITRA CEO Pravin Pardeshi to recommend waiver norms and broader debt-relief measures, with its report due by early April 2026.
- Officials emphasized a targeted design that benefits genuine cultivators, with exclusions for financially capable borrowers or loans misclassified as agricultural.
- The government mapped a three-month window to act on the panel’s report, culminating in a final decision on the waiver by June 30, 2026.
- Interim support includes Rs 8,500 crore released and about Rs 6,000 crore already credited, with another Rs 11,000 crore being processed and most payouts expected within 15 days.
- Banks were told not to forcibly recover loans or adjust subsidies, the state will bear interim interest on crop loans, and any eventual waiver will be paid directly to banks; farmer groups led by Bachchu Kadu have suspended their Nagpur protest after the assurance.