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By:

Abhijit Mulye

21 August 2024 at 11:29:11 am

Fadnavis writes off Rs 48,000 crore

Mumbai: In a clear indication that the Maharashtra government is leaving no stone unturned to keep the state’s agrarian base happy, Chief Minister Devendra Fadnavis has unleashed yet another massive populist measure. Hot on the heels of relaxing the eligibility criteria to ensure a blanket farm loan waiver, the Chief Minister announced a sweeping Rs 48,000 crore waiver on the pending electricity bills of farmers across the state. Addressing a ‘Krutadnyata Sohala’ (gratitude ceremony)...

Fadnavis writes off Rs 48,000 crore

Mumbai: In a clear indication that the Maharashtra government is leaving no stone unturned to keep the state’s agrarian base happy, Chief Minister Devendra Fadnavis has unleashed yet another massive populist measure. Hot on the heels of relaxing the eligibility criteria to ensure a blanket farm loan waiver, the Chief Minister announced a sweeping Rs 48,000 crore waiver on the pending electricity bills of farmers across the state. Addressing a ‘Krutadnyata Sohala’ (gratitude ceremony) organized by the BJP Kisan Morcha at Mumbai’s Yashwantrao Chavan Pratishthan on Wednesday, Fadnavis declared that farmers using agricultural pumps of up to 7.5 horsepower will see their historical electricity dues completely wiped out. The announcement was met with the traditional sounding of the Tutari and thunderous applause from hundreds of farmers who had gathered from every corner of the state. The Chief Minister framed the mega-sop as a necessary step to “wipe the farmers’ slate clean,” enabling them to write a new chapter of prosperity. Calculated Pitch The timing and scale of the announcement underscore a government that is boldly embracing populist economics to solidify its political footprint in rural Maharashtra. While Fadnavis maintained that these decisions were taken purely in the interest of the farmers—pointing out that the original loan waiver was announced when no elections were in sight—the political undertones were unmistakable. Taking a sharp dig at the opposition, the Chief Minister accused rival parties of running “political shops” in the name of farmer agitations without understanding the government’s genuine intent. Asserting his grassroots connection, Fadnavis proudly claimed, “I do not make decisions sitting in my house. I am a farmer myself, a man of the soil.” He openly defended the government’s recent move to strip away the stringent conditions attached to the blanket farm loan waiver, signaling that his administration will not hesitate to clear bureaucratic hurdles if it means putting money directly into the hands of the rural voter. Balancing Sops Even as he rained freebies, the Chief Minister attempted to balance the populist optics with a dose of economic pragmatism. He acknowledged that handing out repeated loan waivers is a symptom of deep-rooted agrarian distress, not a permanent cure. Pointing to the Rs 95,000 crore in aid currently being pumped into the agricultural sector by the state and central governments, Fadnavis outlined his administration’s shift toward an investment-driven agricultural model. He championed the success of schemes like ‘Jalyukt Shivar’ and ‘Magel Tyala Shettale’ (farm ponds on demand), claiming these initiatives have already empowered farmers to harvest multiple crops a year. Addressing the core issue of farming costs, he noted that the government already subsidises power to the tune of Rs 25,000 crore annually. By coupling this with a push for solar pumps and solar agricultural feeders, he promised that 100 percent of the state’s farmers would receive uninterrupted daytime electricity by the end of the year. Infra Dream Looking beyond immediate financial relief, the Chief Minister laid out a grandiose vision to permanently drought-proof Maharashtra’s most vulnerable regions. A staggering Rs 6 lakh crore infrastructure pipeline is being planned to ensure the next generation never witnesses a drought. Fadnavis detailed ambitious river-linking projects, including the Wainganga-Nalganga link, to divert excess floodwaters to parched regions. The state plans to construct 24 new dams and raise the height of 16 existing ones to ensure not a single district in Vidarbha faces water scarcity. Furthermore, massive engineering feats are on the drawing board to divert 200 TMC of floodwater from Western Maharashtra to Marathwada, and lift 275 TMC of wasted water from the Ulhas basin to quench the thirst of North Maharashtra and Marathwada. By marrying immediate, massive debt relief with long-term infrastructure promises, the Fadnavis administration is aggressively cementing its pro-farmer narrative. As the Yashwantrao Chavan auditorium echoed with whistles and cheers, it became highly evident that the government’s strategy of pairing mega populist waivers with big-ticket rural dreams is striking a powerful chord with the state’s agrarian voters.

Broken Monopoly

For over two centuries, Mumbai’s Asiatic Society, founded in 1804, has stood as one of India's greatest repositories of learning. It has been a sanctuary of rare manuscripts and civilisational memory. Yet, its recent election will be remembered less for a change of office-bearers than for the collapse of an intellectual order that had come to mistake custodianship for ownership. The sweeping victory of Vinay Sahasrabuddhe’s Asiatic Tomorrow panel is not merely an institutional upset but a decisive sign of the steady unravelling of the Left’s long-standing monopoly over India’s intellectual establishments.


The rhetoric preceding the election was revealing. Kumar Ketkar’s camp had warned darkly of a “BJP-RSS takeover” of the 222-year-old institution, portraying the contest as an allegedly existential battle to save scholarship itself. The implication was that if those outside a familiar ideological circle assumed control, then intellectual standards would apparently collapse. Such arguments have become the default refuge of a left establishment that has grown accustomed to treating public institutions as their private preserves.


Judging by the emphatic verdict, many members evidently agreed. Winning by more than two to one in an institution is a decisive repudiation of an entrenched elite.


The Asiatic Society is hardly unique. From the early decades after Independence, India’s commanding heights of academia, historical research, cultural institutions and social sciences gradually came under the influence of a remarkably homogeneous intellectual class belonging to a particular ideology. Many of these institutions evolved less into arenas of free inquiry than into ideological republics where only one worldview enjoyed overwhelming institutional privilege.


Appointments, fellowships, editorial boards, research grants and academic recognition often circulated within the same intellectual networks. Those questioning established orthodoxies on Indian civilisation, nationalism, religion or history were frequently caricatured as reactionaries before their arguments were even heard.


This ‘left-liberal’ gatekeeping shaped school textbooks, influenced public discourse and fostered the curious belief that only one ideological tradition possessed the authority to interpret India’s past. Dissent was tolerated only when it came from within the accepted ideological spectrum. Those outside it were routinely labelled ‘communal’ or worse.


What has changed over the past decade is not merely electoral politics but the sociology of Indian intellectual life. As the Mumbai Asiatic election proves, these old networks no longer enjoy uncontested authority. Indians have become increasingly unwilling to accept that scholarship requires ideological certification from self-appointed guardians of public reason.


The significance of the Asiatic Society election therefore lies beyond Mumbai. It signals that an era where a narrow intellectual establishment could plausibly claim to speak for scholarship itself while treating disagreement as heresy is now ending. The monopoly of a certain ideological persuasion has been definitively broken. For Indian academia, libraries and research institutions, that is not a loss but an overdue liberation.

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