The Maharashtra government today issued the 'government resolution' (GR) for the farm loan waiver of Rs 34,022 crore announced by the Chief Minister Devendra Fadnavis last week.
Persons having annual turnover of more than Rs 10 lakh and those who are registered under VAT or Service Tax would be ineligible for loan waiver, the GR said.
Similarly, retired persons excluding ex-servicemen whose monthly pension is Rs 15,000 or more are also not eligible.
The serving and former public representatives are also excluded, the GR stated.
The farmers who have paid off their outstanding loans after June 30, 2016, would get a blanket help of Rs 25,000 from the state government.
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