The concerned authority of the Maharashtra government has come up with the Mahatma Jyotirao Phule loan waiver scheme for the year 2020. In this article today we will share with you all the information related to the Mahatma Jyoti Rao Phule loan waiver scheme that will be implemented by the government of Maharashtra to waive the loan of the farmers that will be residing in the Maharashtra state. In this article, we will share with you the eligibility criteria, application process and also all the other details related to the scheme.
Mahatma Jyotirao Phule Loan Waiver Scheme
Under the Mahatma Jyotirao Phule loan waiver scheme, as announced by the Government of Maharashtra Vikas Agadi (MVA) state government will waive loans of up to Rs. 2 lakhs for the farmers in Maharashtra. All the crop loans up to the date of 30th September 2019 will be included in this scheme. Under the Mahatma Jyoti Rao Phule loan waiver scheme or better known as the Kisan Karz, mafi scheme many incentives will be provided to the poor farmers of the Maharashtra state. This scheme was launched and promised by the Shivsena government as an election poll.
Implementation Of The Scheme
The CM of Maharashtra ie Mr. Uddhav Thackeray made the announcement of this scheme in the assembly on the last day of the winter session. But yet not much information was leaked on the new agricultural loan waiver scheme. But as announced by the Chief Minister, the application process of the scheme would be a hassle-free process. Thus, it will be a very easy process to enroll yourself under the scheme. The new farmer loan waiver scheme will include farmers who cultivate fruitful trees and sugarcane as well as traditional crops.
Eligibility Criteria Of The Scheme
The following applicants will be eligible for the scheme:-
- The applicant should have a working Aadhaar card number.
- The applicant should have a working bank account.
- The thumb impression of the person is essential to carry out the application.
- A government job worker or a farmer who pays income tax cannot avail of the benefit of the scheme.
Application Procedure Of The Mahatma Jyotirao Phule Loan Waiver Scheme 2020
As mentioned by the concerned authorities of the Mahatma Jyoti Rao Phule loan waiver scheme, there is no offline or online application process as designed for the application of the scheme. It is a very simple process to apply yourself under the scheme. You just have to take the essential documents such as the Aadhaar card or the bank details and submit it to your nearest bank and fill up the application form available at the counter. The bank officials will then take the thumb impression of the person and the government will transfer the amount to the loan account of the farmer.