Maharashtra to Distribute Minority Loans Pending Central Funds
Mumbai – The Maharashtra government will disburse loans to approved beneficiaries under minority schemes once funds are received from the central government, according to Agriculture Minister Dattatray Bharane.
- Approved Loans: 2,316 applicants have completed documentation, requiring ₹73.79 crore.
- Financial Boost: State guarantee for loans from NMDFC increased from ₹30 crore to ₹500 crore.
- Recovery Efforts: Steps being taken to improve loan recovery, including legal action.
- Educational Loans: Centre recently approved ₹15 crore for educational loans.
Bharane assured that the government will prioritize disbursing approved educational loans for students studying both in India and abroad.