After farm loan waiver
Maharashtra’s proposed waiver of around Rs 48,000 crore in farm loan dues and around Rs 8,000 crore in farm-power dues reflects the fiscal and political challenge of farmer relief.
- Maharashtra is preparing to waive around Rs 48,000 crore in farm loan dues and around Rs 8,000 crore in farm-power dues.
- Chief Minister Devendra Fadnavis has directed officials to assess the fiscal burden and structure of the farm-waiver proposal.
- A ministerial committee will submit a report on the cost and structure of the farm-relief scheme before the government takes a final decision.
What happened
Maharashtra is preparing a large farm-relief package that includes writing off around Rs 48,000 crore in farm loan dues and around Rs 8,000 crore in farm-power dues. The state government has asked for a committee report on the scheme’s fiscal cost and structure before taking a final decision.
Background and earlier position
UPSC may frame the issue around agricultural distress, state support to farmers, and the trade-off between immediate relief and long-term fiscal sustainability. The topic also connects to the design of welfare schemes, coalition politics, and the risk of repeated loan-waiver cycles.
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