Under the ‘Punyashlok Ahilyadevi Holkar Shetkari Karjmukti Yojana 2026’, ₹5,086 crore was disbursed to 6,36,036 eligible farmers across the state in the second phase of the farmers’ loan waiver program. In the first phase, benefits worth ₹5,029 crore had been distributed to 6,22,207 eligible farmers. So, in total, ₹10,115 crore has been disbursed to 12,58,243 eligible farmers under the loan waiver scheme so far.
Farmers in the state are receiving significant relief through the Maharashtra Farmer Loan Waiver Scheme 2026, officially known as the ‘Punyashlok Ahilyadevi Holkar Shetkari Karjmukti Yojana 2026′, implemented by the state government. The second phase of this scheme was launched on 24 August, 2026 in the presence of Maharashtra Chief Minister Devendra Fadnavis and both Deputy Chief Ministers. The funds were transferred online directly into the beneficiaries’ accounts. This scheme has been a tremendous morale booster for the farmers, motivating them to fight the odds and plan for the coming season.
The farm loan waiver scheme in the state is being implemented in a transparent manner under the control of the Chief Minister’s Office. Chief Minister Devendra Fadnavis has informed that Aadhaar authentication of 13.70 lakh loan accounts had been successfully completed so far and that a total of Rs 10,115 crore was distributed so far to 12,58,243 eligible farmers in the first and second phases, under this loan waiver scheme.
Of the Rs 5,086 crore second installment released, Chhatrapati Sambhajinagar division has got the maximum benefit of Rs 2,284 crore, distributed to 3 lakh 2 thousand 273 farmers. In Amravati division, 1 lakh 45 thousand 808 farmers have received Rs 1,208 crore, while in Nashik division, 84 thousand 813 farmers received a total of Rs 756 crore and in Nagpur division 44 thousand 864 farmers received Rs 366 crore. Apart from this, in Pune division, 49 thousand 224 farmers have received Rs 417 crore towards their loan waiver, and in Konkan division, 9 thousand 54 farmers received loan waiver worth Rs 54 crore. This policy by the state government is designed to rescue lakhs of farmers from heavy debt due to poor harvest, thereby saving the agricultural sector and rural economies in the state.
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