Farmers in Maharashtra will be allowed to repay their farm loans with 0% interest and the amount will be borne by the government, deputy chief minister Ajit Pawar said on Monday while presenting the budget in the assembly.
Pawar said the move is aimed at increasing the income of farmers. During the budget presentation, Pawar also said the government has taken measures to encourage women to invest in real estate.
The deputy chief minister introduced a measure allowing home buyers to get a waiver of 1% on stamp duty if a house is purchased solely in the name of women.