There aren’t enough takers, it seems, for Devendra Fadnavis’s farm loan waiver scheme.
When he made the announcement on June 30, Maharashtra chief minister Devendra Fadnavis had expected his ‘historic’ Rs 32,020 crore farm loan waiver to benefit 8.9 million farmers. As it turns out, only 5.8 million had applied for the waiver till the September 22 deadline.
Government officials say fewer takers for the promised waiver is perplexing. A senior cooperative department officer smells a scam in which district cooperative banks possibly have fake or benami accounts for nonexistent farmers. The number of eligible farmers was calculated on the basis of figures provided by the banks and the officer says “it is possible they (bank officials) inflated the numbers”.
This story is from the October 09, 2017 edition of India Today.
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This story is from the October 09, 2017 edition of India Today.
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