Maha govt files FIRs against erring co-op banks

The state government has lodged complaints with the police and got FIRs registered against 16 branches of district cooperative banks and commercial banks for their failure to grant loans to farmers reeling under severe drought for the third consecutive year across Maharashtra, reports Indian Express.

Chief Minister Devendra Fadnavis had earlier issued directives to financial institutions to enhance the agriculture loan components to drought-hit farmers.

Official sources said the total amount disbursed till date was Rs 17,317 crore, benefiting 30 lakh farmers. This is Rs 4,230 crore more compared to 2014.

Meanwhile, the Fadnavis govt. has taken a raft of measures to ease difficulties being faced by farmers including a relief package of Rs 7000 crore for drought affected areas.

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