Maharashtra Revenue Minister Chandrashekhar Bawankule announced on Friday that the state government will implement a targeted loan waiver program exclusively for “needy” farmers, explicitly excluding those who misuse agricultural loans to construct farmhouses or bungalows. The statement comes amid growing demands for financial relief from farmers across the state, intensified by recent opposition pressure during the monsoon session of the state legislature.

Speaking to reporters, Bawankule emphasized the government’s commitment to supporting farmers in genuine distress. “Chief Minister Devendra Fadnavis has made it clear in the legislature that only farmers who truly need a loan waiver will receive it,” he said. “Those building bungalows or farmhouses on agricultural land while taking loans do not qualify.” The minister highlighted the plight of poor farmers with unproductive fields or those facing severe financial hardship, including the risk of suicide due to loan burdens.

To ensure fair implementation, the government has established a committee to assess the feasibility and methodology of the loan waiver. Bawankule revealed that the state is conducting individual surveys to identify eligible farmers, moving away from a blanket waiver approach. “We are working on a plan to provide relief to those who need it most,” he added. The committee’s report will guide the final decision, responding to opposition queries raised during the legislative session about the timeline and scope of the waiver.

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The announcement reflects the government’s effort to balance fiscal responsibility with support for Maharashtra’s struggling agricultural community, amidst mounting political pressure.

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