Maha govt takes no chance, distributes crop loan

Taking no chance Maharashtra government has distributed crop loans worth Rs 8,332 crore to 13.85 lakh farmers during the current Kharif season. This was stated by the Maharashtra Cooperation Minister , reports PTI.

According to the minister, the amount was 21 per cent of the total loan disbursal target of Rs 40,547 crore set for this Kharif season.

The minister said PSU banks have been asked to use the network of district central cooperative banks as well as credit cooperative societies for the disbursement of Rs 10,000 as the primary loan to poor farmers.

The minister revealed he has directed all district deputy registrars to prepare a detailed list of defaulters, and publish it outside the district central cooperative banks.

Out of 1.32 crore farmers in Maharashtra, 82 lakh farmers avail loan every year.

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