Maharashtra Daily Current Affairs: 01/07/2026

Maharashtra Schemes & Policies in News 🏛️

The Maharashtra Cabinet has officially cleared a comprehensive farm loan waiver scheme worth ₹36,585 crore, aimed at benefiting approximately 56 lakh cultivators. Under this initiative, individual farmers are eligible for a waiver of up to ₹2 lakh, with additional incentives provided for those who have shown timely repayment. To ensure transparent execution, the state has formed three dedicated committees tasked with implementing and reviewing the scheme's progress. Furthermore, the government is considering tweaking exclusion criteria to accommodate more eligible farmers who were previously sidelined.

Exam-Oriented Current Affairs & Key Facts 📝

• Polity & Governance: The Maharashtra Cabinet has approved a major departmental restructuring, expanding the number of administrative departments from 33 to 45. This move is designed to fast-track decision-making and distribute workloads more effectively across the state's bureaucracy.
• Economy & Infrastructure: The state government has secured a USD 500 million loan from the Asian Infrastructure Investment Bank (AIIB). This funding is specifically earmarked for the Rural Roads Scheme to improve connectivity in remote areas.
• State Assets: Mumbai’s iconic 23-storey Air India building at Nariman Point has been formally acquired by the Maharashtra government. The building will now serve as a primary administrative hub for the state.
• Religious & Legal Affairs: Sikh bodies have raised objections against the state government's proposal to replace the Nanded Sikh Gurudwara Sachkhand Shri Hazur Abchalnagar Sahib Board Act (Hazur Sahib Act), seeking to maintain traditional management structures.
• Education: CM Fadnavis has approved key proposals aimed at strengthening both Tribal education and Technical education sectors to bridge the skill gap in the state.

One-Liner Revision Notes ⚡

• Total financial outlay for the new farm loan waiver: ₹36,585 crore.
• Number of administrative departments in Maharashtra after expansion: 45.
• Amount of AIIB loan sanctioned for rural roads: USD 500 million.
• Maximum individual loan waiver limit set by the cabinet: ₹2 lakh.
• Location of the newly acquired Air India building: Nariman Point, Mumbai.
• Total number of farmers expected to benefit from the waiver: 56 lakh.
• Primary focus of the Hazur Sahib Act dispute: Management of Sikh shrines in Nanded.
• Committees formed for loan waiver oversight: 3 committees.

MCQs from Current Affairs ❓

Q1: To what number has the Maharashtra Cabinet expanded its administrative departments?

• A) 40
• B) 43
• C) 45
• D) 50

Q2: What is the total budget cleared for the Maharashtra farm loan waiver scheme in June 2026?

• A) ₹25,000 crore
• B) ₹36,585 crore
• C) ₹45,000 crore
• D) ₹30,000 crore

Q3: Which international financial institution is providing a USD 500 million loan for Maharashtra's rural roads?

• A) World Bank
• B) International Monetary Fund
• C) Asian Infrastructure Investment Bank (AIIB)
• D) Asian Development Bank

Q4: The iconic building recently taken over by the Maharashtra government in Nariman Point belonged to:

• A) Tata Group
• B) Air India
• C) Reliance Industries
• D) Reserve Bank of India

Q5: Sikh bodies are opposing the government's move to replace which specific Act?

• A) Nanded Municipal Act
• B) Hazur Sahib Act
• C) Maharashtra Religious Trust Act
• D) Gurudwara Reform Act