Low interest loans from district co-op banks for flood-hit small businesses in Maharashtra
The Hindu
Loans at 5%-6% will be in addition to already announced financial aid from State govt.
The Maharashtra government on Wednesday said that loans will be made available at low 5% to 6% interest rates from the district central cooperative banks (DCCB) to small business owners and shopkeepers in the Konkan region and western Maharashtra, who suffered losses during the recent incessant rains and subsequent floods. The State’s Finance Minister Ajit Pawar held a meeting with senior officials of DCCBs from Satara, Sangli, Kolhapur, Raigad, Ratnagiri and Sindhudurg. The meeting discussed the recent floods, which affected businesses and shops from these districts and the commercial losses it fared.More Related News