Mumbai: The Maharashtra government has decided to stand guarantor for loans to be disbursed to youth from the Maratha community under a scheme to extend financial assistance to backward communities. The decision was taken at the cabinet sub-committee chaired by revenue minister Chandrakant Patil on Tuesday. The committee has been set up to take steps for the welfare of the Maratha community, which has been agitating over its demand for reservation in government jobs and education.
The panel had received complaints that banks were not approving loans of people from the community and asking for counter-guarantee.
Over 10,000 applications are pending for approval, and CM Devendra Fadnavis had earlier given an assurance that he will take up the issue with the State Level Bankers’ Committee (SLBC).
During the meeting, the cabinet sub-committee decided that the government would stand guarantor for loans to be given to the Maratha youth under a scheme of the state-run Annabhau Sathe Financial Development Corporation, said an official release issued late Tuesday night.
Meanwhile, pro-quota groups led by the Maratha Kranti Morcha organised the ‘jail bharo’ agitation at Azad Maidan in South Mumbai while local groups in some parts of the state also held similar protests. So far six people have committed suicide in the state due to the ongoing agitation.
- The scheme aims to improve the financial condition of backward communities by offering assistance for self-employment and other business ventures.
- The MPhil and PhD research students from the community will be given fellowships.
- The government has decided to pay half of the fees of students including Marathas, whose family income is less than Rs8L per anum, for 608 professional courses.
- Action would be taken against colleges which do not admit students by taking 50% fees.