Earlier, there was 1 per cent concession in interest rate if crop loan between Rs 1 lakh and Rs 3 lakh was repaid on time. The concession has been now raised by by 2 per cent (total 3 per cent which has been waived), a statement from the chief minister s office (CMO) said.
Under the Dr Punjabrao Deshmukh crop interest subsidy scheme, farmers who repay their interest of loan up to Rs 3 lakh get interest subsidy. (Representative image)
MUMBAI: The Maharashtra government on Thursday said farmers who repay crop loan up to Rs 3 lakh regularly will be charged zero per cent interest.
A decision to this effect was taken at a cabinet meeting chaired by chief minister Uddhav Thackeray here. Earlier, there was 1 per cent concession in interest rate if crop loan between Rs 1 lakh and Rs 3 lakh was repaid on time. The concession has been now raised by by 2 per cent (total 3 per cent which has been waived), a statement from the chief minister s office (CMO) said.
Representative image
MUMBAI: In a bid to provide relief to the Maratha community, the MVA government is looking at bringing in schemes and concessions along the lines of those extended in September 2020 after the quota was stayed by the Supreme Court.
An official linked to the cabinet sub-committee on Maratha reservation said the state is considering providing relie. “Various options will be discussed and steps finalised in 3-4 days or a week,” said the official.
In September 2020, the state had announced scholarships, concessions in hostel accommodation, a fund for ‘Sarthi,’ a non-profit government company for Marathas, withdrawal of 26 cases registered against Maratha youths during the quota agitation and government jobs for the next of kin of those who had died during the protests.
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