Complete loan waiver for M'rashtra farmers not possible: Govt

April 01, 2015 00:04

Maharashtra Government today said a complete loan waiver for farmers is not possible but it is looking at the possibility of restructuring cooperative crop loans to provide relief to distressed agriculturalists, who are facing losses due to natural calamities.

"From February 28 to March 3, about 7.90 lakh hectares of farmland had been affected due to drought and hailstorm in 30 districts. Of this, crops on 2.53 lakh hectares had been affected more than 50 per cent.

"It is not possible to give a complete loan waiver to farmers but we are looking at restructuring cooperative crop loans," Revenue Minister Eknath Khadse informed the Legislative Council.

He was replying to a discussion on the plight of farmers due to drought situation in some regions and hailstorm in other places.

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