top of page

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.

Loud Is Not A Brand

He walked into the room with energy. Loud, enthusiastic, impossible to miss. Within minutes he had introduced himself to almost everyone — business owner, founder, investor, mentor, speaker, and three other things I lost count of. He had a story for every person, a pitch woven into every handshake, and an opinion ready before the other person had finished their sentence.


I watched from across the room. Not with judgment — with recognition. Because in working with founders and entrepreneurs on their personal brands, I have seen this person more times than I can count. Every single time, the tragedy is the same. He genuinely believes he is working the room. The room has already moved on.


Personal branding is one of the most misunderstood disciplines in business today. Most people assume it is about visibility — showing up, speaking up, being seen. And so they do exactly that. They show up everywhere, speak at every opportunity, and make certain they are seen. What they do not realise is that visibility without intention is just noise. And noise, no matter how loud, does not build a brand. It erodes one.


"Every interaction telegraphed the same thing: desperation dressed as enthusiasm."


The man I observed that evening was not unintelligent. He was not malicious. He was, by every external measure, accomplished. But his personal brand was silently working against everything he was trying to build. He leaned in too close during conversations — not just physically, but energetically. He gave before being asked, spoke before being invited, and pursued people who were clearly signalling they needed space. Every interaction telegraphed the same thing: desperation dressed as enthusiasm.


Here is what nobody tells founders at the peak of their journey — the skills that built your business are not the same skills that build your brand. Revenue, team size, years of experience — none of these automatically translate into a compelling personal presence. A brand is not what you say about yourself in a room. It is what the room says about you when you leave.


"The person others gravitate toward is rarely the loudest. It is the one who makes you feel most heard."


The most powerful personal brands belong to people who have mastered one thing — restraint. They speak less and are heard more. They share selectively and are remembered longer. They hold their space without filling every inch of it. In any room, the person others gravitate toward is rarely the loudest. It is the one who makes you feel most heard.


This is the inside-out work that transforms a professional presence into a personal brand. It begins not with a LinkedIn profile or a speaker bio, but with self-awareness — an honest audit of how you show up, how you make others feel, and what impression you leave behind. How you carry yourself. How close you stand. How well you listen. Whether your energy invites people in or quietly pushes them away.


The founder I observed told someone near me that he wanted to reach a point where people come to him — where he becomes the name everyone knows and the opportunities arrive without chasing. That desire is exactly right. But the path there is not paved with more talking, more pitching, more pursuing. It is built through the quiet, consistent, and deeply intentional work of becoming someone worth pursuing.


If you have ever left a networking event wondering why conversations felt forced, or why the follow-ups never came — the answer is rarely about who was in the room. It is almost always about the brand you brought into it.


Building that brand — from how you carry yourself, to how you communicate, to how you show up online — is the most important investment any serious entrepreneur can make today.


If this article made you pause, that pause is worth a conversation. Every week, I work with a small number of founders and entrepreneurs through a Founder Brand Audit — a focused, strategic session designed for people who are already successful but sense that their personal brand is not yet reflecting the leader they have become. This is not a general conversation. It is a precise diagnosis of the gap between where you are and how the world currently sees you — and a clear direction on what to close it. Four sessions are available each week. If you are ready to close that gap, book your audit here: https://calendly.com/divyaaadvaani/founder-brand-audit


(The author is a personal branding expert. She has clients from 14+ countries. Views personal.)

Comments


bottom of page