State Re­jigs Farm Loans

The Economic Times - - Pure Politics -

In an im­por­tant re­lief to the drought-hit farm­ers in Ma­ha­rash­tra, the state govern­ment has de­cided to resched­ule farm­ers’ loan to the tune of 10,942 crore. Farm­ers who have taken loan for kharif sow­ing in 2014 have been given an year’s ex­ten­sion to pay their yearly in­stall­ment. This will give re­lief

442,902 farm­ers for loans of 2,439 crore. Sim­i­lary for 2014-15, a oneyear ex­ten­sion has been given for loans worth 3,503 crore. The state will pay the in­ter­est li­a­bil­ity of 36 crore.—OPB

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