The Maharashtra government has begun crediting more than ₹5,000 crore to the bank accounts of 6.22 lakh farmers under the Punyashlok Ahilyadevi Holkar Farm Loan Waiver Scheme. The transfer started after the beneficiaries completed Aadhaar authentication and the list was finalised.
Key Developments
- First list of ~16 lakh farmers was sent for field verification; after Aadhaar checks, 6.22 lakh farmers were confirmed.
- More than ₹5,000 crore deposited on 7 August 2026.
- The scheme waives short‑term crop loans taken between 2019‑2025, up to ₹2 lakh per farmer.
- State officials say the process can be completed in a day once Aadhaar data is received.
- Opposition parties allege that eligibility rules exclude over 50 % of distressed farmers.
- Simultaneous infrastructure work for the Nashik Kumbh Mela faces coordination challenges and a tar‑supply shortage caused by the war.
Important Facts
The waiver covers loans taken from 2019 to 2025. Each eligible farmer can receive up to ₹2 lakh as a debt relief. The Mahayuti government led by Devendra Fadnavis has assured that once Aadhaar authentication is done, the credit will be automatic.
For the Kumbh Mela, the state has asked every agency to submit a plan and execute it concurrently. The Nashik Municipal Corporation is tasked with installing signboards, keeping roads motorable during monsoon, and undertaking permanent repairs after the rains. Because tar production has been halted for three mont