Mumbai, March 6 -- Maharashtra Chief Minister and state Finance Minister Devendra Fadnavis on Friday announced a farm loan waiver scheme under which eligible farmers with overdue crop loans will receive relief of up to Rs 2 lakh.

Presenting the state budget for 2026-27, Fadnavis also proposed an incentive of Rs 50,000 for farmers who have been regularly repaying their loans.

The state budget on Friday announced a range of initiatives focused on agriculture, infrastructure development, industry, social welfare and green energy as part of the government's vision for a "progressive, sustainable and inclusive" Maharashtra.

The state government said it will promote natural farming across five lakh hectares and strengthen agricultural value ...