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Banks should support Stand-up India: Tendulkar


PANAJI

Member of Rajya Sabha, Vinay Tendulkar, has said that banks should support Stand-up India and Mudra Schemes for job creation in Goa. Tendulkar was addressing the 100th DCC (District Consultative Committee) / DLRC (District Level Review Committee) meeting of North Goa District.   

District Collector of North Goa, Nila Mohannan, chaired the meeting, which was also attended by Cassian Gomes, Manager, RBI (Reserve Bank of India), P. V. Sreenivasa from NABARD (National Bank For Agriculture And Rural Development), bankers and govt officials. Under Mudra Scheme, collateral free loans are offered upto Rs 10 lakhs. And, under Stand-Up India, banks provide loans for amounts more than Rs 10 lakhs to greenfield units in manufacturing, services and trading sectors. Both these schemes were announced by Prime Minister, Narendra Modi, for implementation across the country.  

Tendulkar said, “Bankers take care of big borrowers, who do not repay in some cases. However, common people like farmers and small businessmen are harassed while sanctioning of loans.”

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Banned in Jharkhand, PFI protests in Margao

The Goan Network
Published Feb 24, 2018, 2:27 AM IST
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MARGAO  The  Goa unit of the Popular Front of India held a protest in front of the  South Goa district Collectorate demanding the revocation of the ban on  the organization by the Jharkhand government. Armed with party flags,  PFI activists expressed their solidarity with the Jharkhand unit of the  organization, demanding the immediate lifting of the ban. Addressing  the media, PFI Goa unit president Iftiyaz Syed said the Popular…

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