Maharashtra Daily Current Affairs: 04/07/2026

Maharashtra Schemes & Policies in News 🏛️

The Maharashtra Cabinet has cleared a significant farm loan waiver scheme with a total outlay of ₹36,585 crore, aiming to benefit approximately 56 lakh cultivators across the state. Under this scheme, farmers are eligible for a waiver of up to ₹2 lakh, with additional incentives provided for those who have demonstrated timely repayment of previous loans. To ensure seamless implementation and transparency, the government has constituted three specialized committees to review and monitor the rollout.

Additionally, the cabinet has approved a proposal to secure a USD 500 million loan from the Asian Infrastructure Investment Bank (AIIB) specifically for the development of rural roads. This move is expected to enhance last-mile connectivity and boost the rural economy. 👉 Prepare your application photos using our SSC Photo Resizer or UPSC Photo Resizer.

Exam-Oriented Current Affairs & Key Facts 📝

• Polity & Governance: The Maharashtra Cabinet has approved the expansion of administrative departments from 33 to 45. This restructuring aims to fast-track decision-making and improve departmental efficiency.
• Infrastructure: The state government has formally taken over the iconic 23-storey Air India building at Nariman Point, Mumbai. This building will now serve as an extension of the state secretariat (Mantralaya).
• Religious Affairs & Law: Sikh bodies have raised opposition against the state government's move to replace the Nanded Sikh Gurdwara Sachkhand Shri Hazur Abchalnagar Sahib Act, 1956, citing concerns over autonomy.
• Water Resources: A high-level review of the Jal Jeevan Mission was conducted by the Union Jal Shakti Minister and the Maharashtra Chief Minister, focusing on achieving 100% tap water connectivity and water conservation.
• Economy: The $500 million AIIB loan marks a significant external funding milestone for the state's rural infrastructure projects. 👉 Prepare for upcoming recruitment tests: Practice Free Exam Mock Tests.

One-Liner Revision Notes ⚡

• Maharashtra cabinet expanded administrative departments from 33 to 45 for better governance.
• Total outlay of the new farm loan waiver is ₹36,585 crore, benefiting 56 lakh farmers.
• The state has officially acquired the Air India building in Nariman Point, Mumbai.
• $500 million loan approved from AIIB for the rural roads scheme.
• Maximum limit for individual farm loan waiver set at ₹2 lakh per farmer.
• The Hazur Sahib Act being replaced is the Nanded Sikh Gurdwara Act of 1956.
• Three committees formed to oversee the implementation of the farm loan waiver.

MCQs from Current Affairs ❓

Q1: To how many departments has the Maharashtra Cabinet expanded its administrative structure?

• A) 38
• B) 40
• C) 45
• D) 50

Q2: What is the total financial outlay for the farm loan waiver scheme cleared 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 $500 million loan for Maharashtra's rural roads?

• A) World Bank
• B) IMF
• C) ADB
• D) AIIB

Q4: The iconic Air India building recently acquired by the Maharashtra government is located in which area?

• A) Bandra-Kurla Complex
• B) Nariman Point
• C) Worli
• D) Colaba

Q5: Sikh bodies are opposing the replacement of which specific Act by the Maharashtra government?

• A) Anand Marriage Act
• B) Hazur Sahib Act, 1956
• C) SGPC Act, 1925
• D) Maharashtra Gurdwara Rules