Historic Maharashtra farm loan waiver may not see full Rs 31,000 crore write off

Farmers’ groups agree to end their agitation temporarily after Maharashtra government promises immediate and blanket farm loan waiver.
Maharashtra Chief Minister Devendra Fadnavis. | PTI File Photo
Maharashtra Chief Minister Devendra Fadnavis. | PTI File Photo

MUMBAI: The steering committee comprising farmer leaders from across Maharashtra announced the end of their agitation, albeit temporarily, after they got several assurances, including an immediate and blanket loan waiver, during a three-hour-long meeting with the high-powered Group of Ministers (GoM) at the Sahyadri state guesthouse here on Sunday.

However, it is unlikely that the whole of Rs 31,000 crore loan amount would be waived off, though Chief Minister Devendra Fadnavis had said that the waiver would be “historic”.

“After discussions with farmer leaders in the steering committee, I spoke to Chief Minister Devendra Fadnavis. I’m happy to announce that the government has agreed to almost all the demands and hence they have decided not to go ahead with their agitation now,” head of the GoM and revenue minister Chandrakant Patil said at a packed press conference.

“The government has principally agreed to their demand of blanket and immediate loan waiver. Accordingly, small and marginalised farmers would start getting loans from tomorrow and a committee would be appointed to decide the criteria for loan waiver of other farmers. The committee would also have farmer leaders as members on it,” the minister said.

Fadnavis had on June 2 announced that the loan waiver for small and marginalised farmers will be implemented on October 31. However, today the government agreed on an immediate waiver. This is a victory for the farmers, the leader of the steering committee said.

On the demand of withdrawing cases against the farmers, the minister said the cases except those involving charges of theft and damage would be withdrawn.

When asked about the implementation of recommendations of the Swaminathan Commission, another major demand of the farmers, Chandrakant Patil said the issue comes under the purview of the Central government and that the CM would lead a delegation of farmers on this issue to meet Prime Minister Narendra Modi.

“We had positive talks with the GoM and most of our demands have been met. Hence, we have decided not to go ahead with our agitation of road and rail blockade as announced earlier,” said farmer leader Raghunath Patil.

MP and leader of Swabhimani Shetkari Sanghatana Raju Shetti said the deadline for the decision on full loan waiver was agreed as July 25.

“If the government goes back on its word, the agitation after July 25 would be bigger and more intense,” he said.

“This is a temporary victory. The real remedy for farmers’ woes would come only when we devise a sustainable system to ensure that they get better rates for farm produce than their production cost. Recommendations of the Swaminathan Commission are important from that perspective,” he added later.

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