₹5,027 crore debt relief reaches 6.2 lakh Maharashtra farmers online

Farmers can avail of the loan waiver scheme online; lists of eligible beneficiaries have been uploaded by banks to a portal developed by MahaIT, and also published at gram panchayat offices, executive service cooperative societies, and branches of authorised banks

Source

The Hindu — National →

Quick Revision

Prelims-testable facts

01The Maharashtra government has disbursed ₹5,027 crore to 6.2 lakh farmers under the debt waiver scheme.
02The loan waiver scheme can be availed of online by farmers.
03A portal developed by MahaIT hosts lists of eligible beneficiaries uploaded by banks.
04The lists are also published at gram panchayat offices and branches of authorised banks.
05The Punyashlok Ahilyadevi Holkar Shetkari Karj-Mafi Yojana is a farm loan waiver programme for short-term crop loans.
06The scheme was framed to benefit 56 lakh farmers at an estimated cost of ₹36,000 crore.
07The Maharashtra Cabinet approved the Punyashlok Ahilyadevi Holkar Shetkari Karjmukti Yojana in 2026.

Trap alerts

Most people think the loan waiver scheme is a farm loan waiver as much as a conditional debt-relief programme with various strings attached.
Most people think the scheme will benefit only 6.2 lakh farmers, but actually it aims to benefit 56 lakh farmers at an estimated cost of ₹36,000 crore.

Prelims Practice MCQs

Single facteasy

Under the debt waiver scheme run by the Maharashtra government, how much amount has been disbursed to farmers?

A.₹5,027 crore
B.₹5,027 lakh
C.₹50,270 crore
D.₹502.7 crore

The Maharashtra government has disbursed ₹5,027 crore to 6.2 lakh farmers under the debt waiver scheme.

Multiple statementsmedium

Consider the following statements regarding Maharashtra Debt Waiver Scheme: 1. The Maharashtra government has disbursed ₹5,027 crore to 7 lakh farmers under the debt waiver scheme. 2. Farmers can avail of the loan waiver scheme online. 3. Lists of eligible beneficiaries have been uploaded by banks to a portal developed by MahaIT. How many of the above statements are correct?

A.Only one
B.Only two
C.All three
D.None

Statement-1 is incorrect because it claims 7 lakh farmers received ₹5,027 crore, whereas the fact list states 6.2 lakh farmers received this amount. Statement-2 and Statement-3 are correct as per the fact list.

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