Maharashtra Budget 2026: Government waives crop loans up to ₹2 lakh for farmers
Budgetary action — an allocation, fiscal policy change, or expenditure decision shaping how public resources flow. Reveals government priorities and affects programme implementation capacity.
Summary
Along with the waiver, the government has introduced an incentive of ₹50,000 for farmers who have repaid their crop loans regularly and on time.
Key Facts
Type Budget
Source BusinessLine - Economy
Published Friday, 6 March 2026
Affected Population ~150 million farming households, 42% of workforce
Key Numbers
Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right