Maharashtra's cabinet approved a ₹36,585 crore loan waiver for 5.57 million farmers, covering loans up to ₹2 lakh, effective until September 2025. | Mumbai news

The decision was taken at a cabinet meeting chaired by Chief Minister Devendra Fadnavis ahead of the monsoon season | Mumbai news

Maharashtra Cabinet approves ₹36,585 crore farm loan waiver, benefiting 56 lakh farmers ahead of the monsoon season.

Maharashtra has approved a farm loan waiver of up to Rs 2 lakh for 56 lakh farmers, along with incentives for timely repayment of crop loans.

Maharashtra's cabinet approved a ₹36,585 crore loan waiver for 5.57 million farmers, covering loans up to ₹2 lakh, effective until September 2025. | Mumbai news

The Rs 36,585-crore scheme is expected to benefit nearly 55.72 lakh farmers.