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5.82 Lakh Farmers pay Arrears Of Rs 511 Crore in Maharashtra

This is the result of the announcement by the new agricultural pump power policy which belies a lot of benefit for the farmers

Admin by Admin
March 18, 2021
in National, News
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TAD NewsDesk, Maharashtra: After the announcement of the new agricultural pump power policy formulated by Energy Minister Dr Nitin Raut, farmers have reacted positively. 5.82 lakh farmers in the state have so far paid the arrears of agricultural pump electricity bills of Rs 511.26 crore.

A rebate of Rs 256 crore has been given for Rs 511.26 crore paid. A total of 5 lakh 82 thousand 114 farmers have paid the arrears. The highest arrears have been paid in the Pune division.

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The new agriculture pump policy announced on 18 December 2020 is getting a good response across the state. A huge number of farmers have availed of this scheme.

The positive response to the state is increasing and the Energy Minister Dr Nitin Raut has urged all the farmers to avail the scheme. He also expressed gratitude to those who paid back their arrears.

It’s a very profitable scheme. The scheme has been implemented for three years. Agricultural pump consumers paying arrears in the first year will be given a 50 percent discount on revised basic arrears and interest and delay charges will be waived completely. Thus, consumers who pay the entire arrears in the first year will get about 66 per cent discount.

Moreover, Farmers taking advantage of this scheme will be exempted from all interest and late charges on arrears before September 2015.

Also, the delay payment charges on arrears after September 2015 will be completely waived and interest on it will be charged at the average rate of interest on the loan taken by MSEDCL.

Most of the farmers has already availed the scheme and the rest of the left ones are also going to join in soon probably.

 

 

Source: PuneNewsKar

 

 

Tags: agricultural pump powerArrearsMaharashtra
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