Maharashtra Chief Minister Devendra Fatnavis has given an important instruction to the banks and provided great relief to the farmers. He has asked the banks not to emphasize the farmers’ cippe score. Banks have been asked to lend to the farmers without paying attention to Sipil. Sibil is actually a kind of loan for a loan qualification, and whether or not the person who has applied for the loan is eligible to repay it.
So farmers are doing self -deficiency
Transunian Sibyl’s debt score is one of the Sibyl score in the credit bureau. It can be 300 to 900. The word ‘credit score’ contains the remaining console marks, such as Sibyl and Experience or Equifax. Chief Minister Fatnavis arrived at the 167th State Level Bankers (SLBC) meeting held at the Sahyadri Guest House in Mumbai, where he said this. “If farmers do not get agricultural loans, it has a wrong effect on the economy and farmers are forced to take action like suicide.”
Banks have been advised not to ask Sipil repeatedly on behalf of the government, but they still continue this tradition. At today’s meeting it should be resolved, he said. According to the Chief Minister, the FIR has been registered before such banks. This is a serious issue that banks have to handle responsibly.
The Reserve Bank has provided guidelines
Chief Minister Fatnavis warned, “The Reserve Bank of India has made clear the agricultural loans. If a bank branch emphasizes Siple, action will be taken against it. The Chief Minister asked for special efforts to make a special effort to achieve this year’s debt waiver goals and expand agricultural debt safety. During the meeting, Maharashtra was approved by the Rs 44.76 lakh crore loan scheme in 2025-26.
Told the farmers to the backbone of the state
Chief Minister Fatnavis said the strong position of Maharashtra in the country. Farmers are the backbone of the state and is an important part of the agricultural economy. He said the government is implementing the investment policy for agriculture. Banks should participate in it as a major role. He said that Rs 5,000 crore is set for an investment target for the region every year.
Banks will only benefit
Fatnavis said that only banks will benefit from providing more loans to farmers. Agriculture is now not only a sub -part, but it has taken the form of an industry. He stressed that lending companies should contribute to this change. In addition, Fatnavis highlighted the FPO (farmer manufacturing systems) in Maharashtra and said that it could play an important role in agricultural development.
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