As per the government resolution issued, the Maharashtra State Central Cooperative Bank (MSCCB) will offer the loan at 8 per cent rate which will be paid in the span of eight years. Failing to do so would lead to the state government repaying the loan amount.
As Pawar reached Karad to pay obeisance at the memorial of his political mentor Yashwantrao Chavan, the Congress leader made it a point to be there, receive him and join him throughout the programme.