Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana: Maharashtra's farm loan waiver scheme (2017)

Last Modified: Mon Dec 04 2017 04:38:36 GMT+0530 (India Standard Time)
  • Rs. 34,022 crore
    Quantum of loan waiver announced for farmers in the state of Maharashtra on 24 Jun 2017.
  • Rs. 1.50 lakh
    Maximum amount the government would waive per farmer- family. This would ensure that one, the loan waiver would reach as many families as possible and two, that rich farmers would be kept out and only small and marginal farmers would benefit. Farmers who had paid up their loan would get an incentive of Rs 25,000.
  • 8.6 million
    Number of farmers identified as eligible for receiving the waiver based on the farm loan data from the State Level Bankers’ Committee (SLBC).
  • Rs. 6,500 crore
    Quantum of waiver disbursed as on 25 Nov 2017, in the form of 'debt-free' certificates handed over to farmers, per govt. data.
  • 1.5 million
    Number of farmers covered as on 25 Nov 2017.