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Maharashtra Chief Minister Ashok Chavan today announced a Rs 6,200 crore farm loan waiver for the 4 million farmers in the state who were not covered by the central government’s Rs 71,000 crore farm loan waiver announced earlier this year.The package will be beneficial to the farmers who own more than 5 acres land and those who have paid their loan regularly.Farmers who have defaulted on loan payments before April 1, 1997, and who were not covered by the central government’s package, will also get the benefit under the state government’s package. Maharashtra government announces Rs 6,200 crore farm-loan waiver by , Business Standard, 31 December, 2008
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