Maharashtra Daily Current Affairs: 05/07/2026

Maharashtra Schemes & Policies in News 🏛️

The Maharashtra government has been active on multiple policy fronts, including significant farmer welfare initiatives and infrastructure development.

• Farm Loan Waiver Scheme: The state cabinet approved a ₹36,585-crore farm loan waiver scheme, projected to benefit 56 lakh cultivators. This scheme includes waivers of up to ₹2 lakh and incentives for timely loan repayment. Three dedicated committees have been formed to implement and review the scheme, with conditions potentially tweaked based on early exclusions.👉 Prepare your application photos using our SSC Photo Resizer or UPSC Photo Resizer.

• Rural Roads Scheme & AIIB Loan: The Maharashtra cabinet cleared a proposal to avail a USD 500 million loan from the Asian Infrastructure Investment Bank (AIIB) to fund its rural roads scheme, aiming to improve connectivity and infrastructure in rural areas.👉 Prepare for upcoming recruitment tests: Practice Free Exam Mock Tests.

• Jal Jeevan Mission Review: The Jal Shakti Minister and Maharashtra Chief Minister reviewed the progress of the Jal Jeevan Mission, emphasizing water conservation efforts and the speedy implementation of the scheme to ensure tap water supply to all rural households.

Exam-Oriented Current Affairs & Key Facts 📝

• Polity & Governance:
  • The Maharashtra Cabinet approved a major departmental restructuring, increasing administrative departments from 33 to 45 to boost efficiency and fast-track decision-making.
  • Sikh bodies have voiced opposition to the Maharashtra government's proposed move to replace the Hazur Sahib Act.
  • The Maharashtra government formally took over Mumbai’s iconic Air India building located at Nariman Point.
• Economy & Finance:
  • The approved farm loan waiver scheme has an outlay of ₹36,585 crore.
  • Approximately 56 lakh cultivators are set to benefit from the farm loan waiver.
  • The maximum individual farm loan waiver amount is up to ₹2 lakh.
  • Maharashtra secured a USD 500 million loan from the Asian Infrastructure Investment Bank (AIIB) for rural road development.
• Geography/Locations:
  • The Air India building acquired by the state government is situated in Nariman Point, Mumbai.

One-Liner Revision Notes ⚡

1. Maharashtra government expanded administrative departments from 33 to 45 for improved efficiency.
2. A farm loan waiver of ₹36,585 crore was approved for 56 lakh cultivators in Maharashtra.
3. The waiver scheme offers up to ₹2 lakh per farmer and incentives for timely repayment.
4. Three committees are established to implement and review the state's farm loan waiver scheme.
5. Maharashtra formally acquired Mumbai's iconic Air India building at Nariman Point.
6. The state secured a USD 500 million loan from AIIB for its rural road development scheme.
7. Sikh organizations are opposing the proposed replacement of the Hazur Sahib Act by the Maharashtra government.
8. The Jal Jeevan Mission's progress in Maharashtra was reviewed by the Union Jal Shakti Minister and the Chief Minister.

MCQs from Current Affairs ❓

Q1: What is the total outlay approved by the Maharashtra cabinet for the farm loan waiver scheme?

• A) ₹2 lakh crore
• B) ₹36,585 crore
• C) ₹56,000 crore
• D) ₹500 million

Q2: The Maharashtra government recently expanded its administrative departments from 33 to how many?

• A) 40
• B) 43
• C) 45
• D) 50

Q3: Which iconic Mumbai building was formally acquired by the Maharashtra government?

• A) Taj Mahal Palace
• B) Chhatrapati Shivaji Terminus
• C) Air India building
• D) Gateway of India

Q4: From which international bank did Maharashtra secure a USD 500 million loan for rural roads?

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

Q5: What is the maximum individual farm loan waiver amount approved by the Maharashtra cabinet?

• A) ₹1 lakh
• B) ₹2 lakh
• C) ₹3 lakh
• D) ₹5 lakh