Mandated with the task of finalising the farm loan waiver criteria and long-term solutions freeing farmers from the debt trap, the state-appointed committee has a tough task to handle the issue of over Rs2.25 lakh crore crop loans disbursed for the current season.
The eight-member high-level committee, headed by Chief Financial Advisor to the CM, Praveen Singh Pardeshi, held its first meeting, which was attended by departmental heads of revenue, agriculture, finance and cooperation, along with representatives from the Bank of Maharashtra and the Maharashtra State Cooperative Bank.
According to informed sources, the current NPA against crop loans stands at 20 per cent, which is likely to rise due to heavy rains causing floods and damaging standing crops. Of the total crop loans, 60 per ce

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