Published 14:41 IST, December 25th 2019

Maharashtra CM Uddhav Thackeray assures complete farm loan waiver

Thackeray's statement came a day after the Shiv Sena-led government formally approved a loan waiver scheme under which short-term crop loan up to Rs 2 lakh

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Maharashtra Chief Minister Uddhav Thackeray on Wednesday assured a complete farm loan waiver in state. Thackeray's statement came a day after Shiv Sena- led government formally approved a loan waiver scheme under which short-term crop loan up to Rs 2 lakh taken by farmers between April 1, 2015-March 31, 2019, will be written off.

Complete farm loan waiver

Under scheme, short-term restructured crop loan arrears up to September 30, 2019, will also be waived. "We have waived loans worth Rs 2 lakh (per farmer) as immediate relief to cultivators. But we will also make sure that ir entire (crop) loan is waived," Thackeray said.

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He was dressing annual general meeting of Vasantda Sugar Institute here. NCP president Shar Pawar, who is chairman of institute, was also present. During his speech, Thackeray took a dig at former chief minister Devendra Fnavis over his statement that  BJP was single largest party in  Maharashtra assembly.

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"Shar Pawar has taught us how to raise farm productivity and also how to form a government with less member of MLAs in legislative assembly," Thackeray, who is also Shiv Sena president, quipped.  BJP and Sena fought October 21 assembly polls toger, but ir alliance collapsed after latter walked out and joined hands with Congress and NCP.

three parties n formed Maha Vikas Aghi (MVA) government in vember-end. Pawar is considered chief architect of ruling alliance, first such political arrangement at state-level in Maharashtra's history.

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14:41 IST, December 25th 2019