During the election in Maharashtra, the farmers’ debt was promised waiver, but now after winning the election, the government withdrew from its promise. Deputy Chief Minister and Finance Commissioner Ajith Pawar has made it clear that the farmers’ debt cannot be forgiven. He has appealed to the farmers to pay the bank’s arrears before March 31.
Water in anticipation of credit waiver
At a meeting of the Malegaon Co -operative Chinese factory in Paramathi Taluk, Ajith Pawar said, “Pay your crop loans by March 31. During the election, some people in their report will forgive their debt, but it will not really happen.”
The Maharashtra government has issued a budget of Rs. Farmers are exempted in the electricity bill, but the government will have to pay it. In addition, the female sister scheme has been charged Rs 45,000 crore.
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The government’s financial compulsion
Ajith Pawar said that Rs 3.5 lakh crore is required to pay interest on the salaries of the state government, pension and their loans. In addition, roads, water, infrastructure and schools need crores of rupees. As for this financial situation, farmers’ debt cannot be waived.
Relief in interest for crop loans
However, the government has provided some relief to the farmers. Ajith Pawar said that the interest rate of crop loans taken at Rs 1,200 crore was transferred to banks. This will provide some relief to the farmers from the burden of interest.
What do farmers do now?
The government has made it clear that the loan taken this year and next year should be repaid in a timely manner. In such a situation, farmers should plan to pay their loans quickly so that they will not get into an additional financial crisis.
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