Business Standard

Disbursal of Rs 10,000 advance to farmers starts in Maha

Image

Press Trust of India Mumbai
After some delay, implementation of 'initial loan assistance scheme' of Maharashtra government has started, with disbursal of an advance of Rs 10,000 to farmers to help them with sowing operations.

Maharashtra minister of state for home Ranjitsinh Patil today attended an event in his hometown in Akola district and disbursed loans to farmers.

The cooperation department sources said that loans have been disbursed in over 20 districts.

The public sector banks are sanctioning these loans on the basis of affidavits from farmers, not insisting on production of other documents to prove eligibility.

While announcing loan waiver for marginal farmers in Maharashtra amid an intense agitation earlier this month, the government had promised Rs 10,000 initial loan assistance at the start of Kharif season.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 19 2017 | 8:23 PM IST

Explore News