MUMBAI: The Maharashtra Cabinet on Tuesday approved the Punyashlok Ahilyadevi Holkar Shetkari Karjmafi Yojna (PAHSKY), a farm loan waiver benefiting nearly 56 lakh farmers. The scheme waives outstanding crop loans up to Rs two lakh per farmer and offers a Rs 50,000 incentive for regular repayers. The decision was taken in a cabinet meeting, chaired by Chief Minister Devendra Fadnavis at Mantralaya.
Meanwhile, the state cooperative department has written a letter to the Election Commission of India (ECI) seeking a permission for publicity of the PAHSKY so that the farmers can easily get fresh farm loans from the banks for Kharif season.
According to the state government, there will be no landholding criterion for…