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Maharashtra drought: Cabinet panel directs banks not to visit farmers for crop loan recovery

At a meeting of the drought relief cabinet sub-committee headed by Bawankule on Tuesday, officials were also asked to examine whether the Reserve Bank of India could issue a circular suspending loan recovery proceedings in drought-affected areas

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Maharashtra Revenue Minister Chandrashekhar Bawankule has directed banks and credit societies not to visit farmers for recovery of crop loans amid the drought situation in the state.

At a meeting of the drought relief cabinet sub-committee headed by Bawankule on Tuesday, officials were also asked to examine whether the Reserve Bank of India could issue a circular suspending loan recovery proceedings in drought-affected areas.

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