Published On : Wed, Sep 16th, 2015

Fadnavis Govt waives Rs 39.38 lakh farm loans

Nagpur: In a major decision that would provide great relief to ravaged farmers in Nagpur District, the State Government waived loans taken from licensed money-lenders. The amount of waived loans stands at Rs 39.38 lakh. This information was given by the District Collector Sachin Kurve.

Kurve said that the State Government has waived the loans given by 40 licensed money-lenders to 236 farmers spread over different tehsils of the district. Subsequently, the Collector Kurve convened a meeting in his office and conveyed the decision to the officials of concerned departments.

It may be recalled that during the Winter Session of State Legislature held in Nagpur last December, Chief Minister Devendra Fadnavis had announced the decision to waive off the loans of farmers in the district in order to provide them the much-needed relief. Following the CM’s order, the process to waive off the loans taken from licensed money-lenders was set in motion. A total of 236 farmers had taken loans to the tune of Rs 39.38 lakh from 40 money-lenders. The farmers belonged to Ramtek, Narkhed, Kalmeshwar, Hingna, Bhivapur and Saoner tehsils of Nagpur District. The loans now stand waived off.