Maharashtra government, in a resolution on Saturday, said that those farmers whose loan amount exceed Rs 2 lakh will not be eligible for the loan waiver scheme. Last week, Maharashtra Chief Minister Uddhav Thackeray announced that the loans of farmers up to rupees 2 lakh will be waived off and that the money will be deposited in the banks directly.

Farmers won't be eligible for waiver scheme if loan exceeds Rs 2 lakh: Maharashtra government

Arun Jaitley clarified that states can utilise their own resources if they want to waive off farmers' loans

Finance Minister Arun Jaitley rules out loans waivers by the Centre

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farmers loan-waivers

Farmers won't be eligible for waiver scheme if loan exceeds Rs 2 lakh: Maharashtra government

Finance Minister Arun Jaitley rules out loans waivers by the Centre