Cash-strapped Maharashtra govt backs Rs 1,104 crore loans to sugar cooperatives linked to Mahayuti netas
The cash-strapped Maharashtra government has recommended the National Cooperative Development Corporation (NCDC) extend loans worth Rs 1,104.6 crore to nine cooperative sugar factories. These loans, requiring state guarantees, are linked mainly to entities associated with the ruling Mahayuti alliance and will add to the state's liabilities.
The cash-strapped Maharashtra government has recommended the National Cooperative Development Corporation (NCDC) extend loans worth Rs 1,104.6 crore to nine cooperative sugar factories. These loans, requiring state guarantees, are linked mainly to entities associated with the ruling Mahayuti alliance and will add to the state's liabilities.
