Maharashtra Chief Minister Devendra Fadnavis today said the state government will study the Uttar Pradesh model of farm loan waiver worth Rs 36,000 crore. Speaking in the Legislative Assembly here, where Shiv Sena and BJP members demanded that the state government announce a loan waiver for distressed farmers, Fadnavis said, "we will study how Uttar Pradesh will raise such a huge amount."


The CM said he has directed the State Finance Secretary to study how UP goes about with the promised debt waiver.


Referring to the High Court directive in Tamil Nadu asking the state government to waive farm loans following a peasant protest, Fadnavis said, "decision of waiving farm loan is the prerogative of the government."


Fadnavis also targeted the Opposition for staying away from the House proceedings saying they were roaming outside in name of 'Sangharsh Yatra'. "But the Sena and BJP members' sentiments regarding farm loan waiver are genuine and the state government is positive to it," the CM felt.