Maharashtra drought relief: ₹5,000 deposited to 73 lakh farmers before Diwali

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Maharashtra drought relief: ₹5,000 deposited to 73 lakh farmers before Diwali

Synopsis

With Diwali days away, Maharashtra CM Devendra Fadnavis has pushed ₹5,000 advance drought relief into the accounts of 73 lakh farmers — out of a targeted 1.50 crore — while simultaneously crediting ₹4,764 crore in fresh loan waivers to 4.86 lakh more farmers. The speed and scale of the outreach signals both urgency over agrarian distress and political calculus ahead of local elections.

Key Takeaways

Maharashtra CM Devendra Fadnavis announced on 4 November 2026 that ₹5,000 advance drought relief has been deposited into the accounts of 73 lakh farmers ahead of Diwali.
The government targets 1.50 crore farmers across 304 drought-hit talukas ; nearly 95% of beneficiaries will receive funds within two days.
Under the Punyashlok Ahilyadevi Holkar Loan Waiver Scheme , ₹4,764 crore was credited to 4.86 lakh farmers on Wednesday, with Marathwada recording the highest beneficiary count at 2.76 lakh .
Total loan waiver disbursements have reached nearly 21 lakh farmers , amounting to approximately ₹19,000 crore cumulatively.
Minister Hasan Mushrif has been asked to mediate between farmers and sugar factories over a cane price dispute above the statutory FRP .

Maharashtra Chief Minister Devendra Fadnavis on Wednesday, 4 November 2026, announced that the state government has already deposited an advance drought relief amount of ₹5,000 into the accounts of 73 lakh farmers, with the remaining disbursements set to be completed within two days — ahead of the Diwali festival. The relief covers farmers across 304 drought-hit talukas in Maharashtra, with the government targeting a total of 1.50 crore beneficiaries.

Scale of the Relief Push

Speaking after the weekly cabinet meeting, Chief Minister Fadnavis said the advance had been a government commitment made expressly before Diwali. “Money has reached the accounts of 73 lakh farmers so far, and in the next two days, it will reach nearly 95% of farmers,” he said, attributing a residual 5% delay to minor discrepancies in some bank accounts. The state’s direct-benefit transfer mechanism is being used to route funds without intermediaries, a step officials say minimises leakage.

Loan Waivers Add to the Relief Package

Beyond the advance drought relief, Fadnavis announced a fresh tranche under the Punyashlok Ahilyadevi Holkar Loan Waiver Scheme: ₹4,764 crore was credited on Wednesday to the accounts of 4.86 lakh farmers. The Marathwada region recorded the highest number of beneficiaries in this round, with 2.76 lakh farmers in the region receiving loan waiver funds. Cumulatively, the scheme has now disbursed funds to nearly 21 lakh farmers, totalling approximately ₹19,000 crore. The Chief Minister noted that verification and authentication are still ongoing, and further disbursements will follow progressively.

Diwali With Farmers: A Political Gesture

Fadnavis said the decision to prioritise Diwali-linked disbursement was a collective cabinet resolve rather than a unilateral order. “After discussing with all ministers, everyone felt that we should celebrate Diwali with the farmers,” he said, adding that ministers would visit farmers’ homes during the festival. This comes amid broader political optics around the Mahayuti alliance’s outreach to the agrarian vote base ahead of local body elections.

CM on MNS Criticism and ‘Save Democracy’ Marches

When asked about Maharashtra Navnirman Sena (MNS) chief Raj Thackeray’s reaction to the Mahayuti alliance’s ‘Save Democracy’ protests, Fadnavis defended the marches as being “against anarchy and aimed at protecting the Constitution.” He alleged that the INDIA alliance, under Rahul Gandhi’s leadership, was attempting a “regime change” that would amount to altering the Constitution. “To defeat this attempt at regime change, it is not just them who can take to the streets — we can also come out to counter them,” he said, asserting that the marches would continue.

Raju Shetti Agitation and Sugar FRP Dispute

On the road blockade called by Peasants and Workers Party chief Raju Shetti over cane pricing, Fadnavis appealed for dialogue, arguing that the agitation ultimately hurts farmers. He explained that while the Fair and Remunerative Price (FRP) declared by the government is mandatory for sugar factories, farmers were demanding a price above the FRP — a matter of negotiation between growers and factory owners. “The state government is acting as a mediator,” he said, adding that minister Hasan Mushrif has been tasked with conducting formal mediation talks. The dual pressure of a drought relief crunch and the ongoing FRP standoff underscores the depth of agrarian stress in Maharashtra heading into the festive season.

Point of View

With ministers pledging to visit farmers’ homes to underscore the gesture. The cumulative ₹19,000 crore loan waiver figure sounds substantial, but with verification still ongoing for a significant tranche, actual disbursement pace will matter more than the headline number. Maharashtra’s recurring drought cycles and the unresolved FRP standoff with sugar factories point to structural fault lines that one-time transfers cannot fix. The real test for the Fadnavis government will be whether these direct-benefit flows translate into measurable rural income recovery — or remain electoral optics.
NationPress
4 Nov 2026

Frequently Asked Questions

What is the ₹5,000 drought relief announced for Maharashtra farmers?
It is an advance drought relief payment of ₹5,000 per farmer, being deposited directly into bank accounts before Diwali 2026. The Maharashtra government is targeting 1.50 crore farmers spread across 304 drought-hit talukas across the state.
How many farmers have received the drought relief so far?
As of 4 November 2026, the relief has been credited to 73 lakh farmers. CM Devendra Fadnavis said nearly 95% of all targeted beneficiaries will receive the funds within two days, with a 5% delay attributed to minor bank account discrepancies.
What is the Punyashlok Ahilyadevi Holkar Loan Waiver Scheme?
It is a Maharashtra state loan waiver programme for farmers. As of 4 November 2026, cumulative disbursements under the scheme have reached nearly 21 lakh farmers, totalling approximately ₹19,000 crore, with Marathwada region recording the highest share of beneficiaries.
What is the FRP dispute that Raju Shetti’s agitation is about?
The Fair and Remunerative Price (FRP) is a mandatory minimum price that sugar factories must pay to cane-growing farmers, declared annually by the government. The Peasants and Workers Party, led by Raju Shetti, is demanding a price above the FRP, a matter the state government says requires negotiation between farmers and factory owners, with minister Hasan Mushrif tasked as mediator.
Which region of Maharashtra has received the most loan waiver funds in the latest tranche?
The Marathwada region received the highest share in the latest disbursement, with 2.76 lakh farmers in the region benefiting from the ₹4,764 crore credited on 4 November 2026 under the Punyashlok Ahilyadevi Holkar Loan Waiver Scheme.
Nation Press
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