Business Standard

Fadnavis convenes meeting of SLBC to address loan waiver

Image

Press Trust of India Mumbai
Maharashtra Chief Minister Devendra Fadnavis has called for an urgent meeting of State Level Bankers' Committee (SLBC) tomorrow in Mumbai to address the glitches in implementation of farmers loan waiver scheme.

The loan waiver scheme is expected to be worth Rs 34,000 crore.

Officials in state cooperation department confirmed the scheduled meeting in Mantralaya tomorrow.

The loan waiver implementation is facing two major issues - the list is being generated in English when most of the farmers can read only Marathi, which is a Devnagari script.

Secondly, some farmers have complained that they have received the certificate from the state government of being selected in loan waiver scheme but the loan amount has not been deposited into their accounts, said official sources.
 

Chief Minister Fadnavis will be personally chairing the meeting to address these glitches, officials in state cooperation department said.

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: Oct 24 2017 | 8:48 PM IST

Explore News