Maharashtra CM Fadnavis shares big update on farmer loan waivers, relaxes CIBIL restrictions
New Delhi, May 22 -- Maharashtra Chief Minister Devendra Fadnavis on Thursday made a series of significant announcements concerning farmer welfare, fuel availability, and the state's preparedness for the upcoming kharif season. Speaking at a press conference, Fadnavis confirmed that a formal loan waiver decision is imminent and that banks have been given firm instructions to ease access to agricultural credit ahead of the sowing season.
"We will announce a farmer loan waiver by June 30th. After that, farmers will be eligible for the next loan cycle," Fadnavis said.
One of the most consequential announcements from Thursday's press conference concerned the removal of credit score barriers that have historically prevented many farmers from...
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