Mumbai, Oct 29 (PTI) The Maharashtra government has approved the release of Rs 4,000 crore for the Punyashlok Ahilyadevi Holkar Farmers' Loan Waiver Scheme, 2026.

    The decision will allow the transfer of financial benefits under the scheme into the bank accounts of eligible borrowers.

     The decision was announced through a Government Resolution (GR) issued by the Cooperation Department.

    The GR stated that Rs 6,551 crore were available under the relevant budget head for the scheme, out of which the government had approved the release of Rs 4,000 crore.

    The scheme was approved by the state Cabinet on June 2, 2026.

     For financial year 2026-27, the government had approved a total provision of Rs 20,552 crore for the scheme through supplementary demands for grants. Of this amount, Rs 14,001 crore were made available to the Commissioner and Registrar of Cooperative Societies through earlier government resolutions.

The latest allocation followed a proposal submitted by the Commissioner and Registrar of Cooperative Societies on October 21, seeking Rs 4,000 crore to transfer benefits to eligible loan accounts.

(This story has not been edited by THE WEEK and is auto-generated from PTI)
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