Mumbai, July 10 -- In a move hailed as a watershed moment for the state's agrarian sector, Chief Minister Devendra Fadnavis announced on Friday the total removal of the restrictive Rs 50,000 mandatory repayment clause under the 'Punyashlok Ahilyadevi Holkar Debt Waiver Scheme.' This pivotal decision ensures a blanket debt waiver of up to Rs 2 lakh for 56 lakh farmers, delivering on a key pre-poll commitment of the Mahayuti alliance.

making the announcement in the Legislative Assembly, Chief Minister Devendra Fadnavis said the removal of this clause is expected to place an additional burden of Rs 3,000 to Rs 4,000 crore on the state exchequer, but the government has prioritized the broader interest of farmers. Fadnavis debunked opposition c...