Fadnavis reiterated that his government was not opposed to farm loan waiver but wanted that the decision, when taken, to benefit farmers.
Intervening in the State Legislative Assembly, which has been witnessing uproarious scenes on demand for farm loan waiver, Fadnavis today said the plight of farmers was due to the policies of the previous Congress-NCP government, which ruled the state for 15 years.
He said about 1.36 crore farmers have taken loan worth Rs 1.14 lakh crore.
"Rs 63 crore is agriculture related loan while Rs 51 crore is personal loan. Out of the total loan, Rs 31,057 crore is overdue and Rs 30,500 crore is outdated," he said.
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The capital expenditure has risen from Rs 25,000 crore to Rs 31,000 crore. All these years, expenditure on agriculture investment was very less, he said adding that since his government came to power, capital expenditure on agriculture and allied sector is Rs 19,434 crore.
Similarly, Rs 11,500 crore has been spent on crop insurance and assistance for natural calamities.
He said if loan waiver is announced, the government will have no money for investment in agriculture sector.
"Farmers became debt-ridden within a year of the loan waiver. After the previous loan waiver, banks did not find the farmers credit worthy for fresh loans," the CM said.
Fadnavis charged that Opposition Congress-NCP wants the loan waiver to help district co-operative banks run by them and which are involved in irregularities.
ensure the economy is focused on agriculture investment and increasing agriculture productivity and not just relief and rehabilitation.
He said he was willing to lead a delegation to the Centre to meet Union Finance and Agriculture minister for assistance in Agriculture sector.
Earlier, as soon as the House assembled for the day and Speaker called for the Question Hour, Shiv Sena legislators entered the Well of the House shouting slogans demanding loan waiver for farmers. They were joined by Opposition Congress and NCP.
Leader of Opposition Radhakrishna Vikhe Patil said Opposition members have been demanding loan waiver since the Budget session began.
He said sentiment of the Lower House was that there is no option other than loan waiver to the farmers.
The House witnesses noisy scenes with the Opposition members along with Shiv Sena shouting slogans demanding loan waiver. Even as Sena legislators were in the Well, party ministers in the government like Diwakar Raote, Arjun khotkar were in their seats.
Then the Speaker adjourned the House for 30 minutes. After the House re-assembled following the first adjournment , Yogesh Sagar (BJP) who was in the Chair appealed to the agitating members to go back to their seats.
He appealed that the members allow the question hour. However Congress-NCP and Sena members were in no mood to listen. The House was adjourned for the second time till the end of the Question Hour.
Chief Minister Devendra Fadnavis's intervention after the second adjournment was amid slogan shouting by the Congress-NCP legislators.
Shiv Sena members did not come into the well when Fadnavis was making his government's stand clear.
Later, Sena legislators Chandradeep Narke and Anil Kadam said the farmers plight was bad.
Vikhe Patil criticised the Chief Minister's statement
After third and fourth adjournment of 15 and 10 minutes each, the Chair rushed through the day's agenda like passing the Maharashtra (supplementary) Appropriation Bill, Mumbai Municipal Corporation, Maharashtra Municipal Corporation and Municipal Council; and Nagar Panchayat and Industrial township (Amendment) Bill and Agriculture Land Ceiling Amendment Bill amid noisy scenes, before adjourning the House for the day.
Earlier, speaking to reporters outside the Assembly, Shiv Sena leader and MLA Anil Kadam said the state government should get financial assistance from the Centre within next two days for announcing the loan waiver.
On estimates that the state government would need Rs 30,000 crore for the loan waiver, Kadam said, "We appreciate CM's (Fadnavis had made a statement to this effect in the Assembly) understanding of issues but the condition of farmers is critical. Financial support should be given at any cost. We demand that CM should seek appointment with the Centre and ensure some financial assistance to farmers.