Over 10,000 applications are pending for approval, and Chief Minister Devendra Fadnavis had earlier given an assurance that he will take up the issue with the State Level Bankers' Committee (SLBC)
Maharashtra government’s cabinet sub-committee, chaired by Revenue Minister Chandrakant Patil, on 31 July, has offered sops to Maratha youth amid quota stir.
The Devendra Fadnavis government has decided to stand guarantor for loans to be paid to the youth from the Maratha community under a plan to extend financial assistance to backward communities.
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 Chief Minister Fadnavis had earlier given an assurance that he will take up the issue with the State Level Bankers' Committee (SLBC).
During the meeting yesterday, 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 last night.
The scheme aims to improve the financial condition of backward communities by offering assistance for self-employment and other business ventures.
The Chhatrapati Shahu Maharaja Research will also give the M Phil and Ph D research students from the community fellowships, Training and Human Development Institute (SARTHI), set up by the government in Pune.
The institute's mandate is to study social, financial and educational issues faced by Marathas, Kunbis and farmers in the state.
Patil said the government has decided to pay half of the fees of students including Marathas, whose family income is less than Rs 8 lakh per annum, for 608 professional courses.
The action would be taken against colleges which do not admit students by making 50% fees (as part of the fee-waiver scheme), he said.
A coaching centre to help the community students prepare for competitive exams will be set up in Pune.
The government will pay fees to students who seek guidance and training in other institutes, the cabinet sub-committee decided.
Fadnavis had said last week that a special session of the Maharashtra legislature would be convened to pass "a law or a resolution" for reservation to the Marathas.
He had appealed for peace in the state, rocked by violent protests over the quota issue, and announced the withdrawal of some instances against members of the community.
The politically influential Maratha community, constituting around 30% of the state's population, has been demanding 16% reservation in government jobs and education.
The community had earlier taken out silent marches across the state to highlight their demands, prominently for reservation.
However, their latest round of agitation has taken a violent turn.
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Last Updated 1, Aug 2018, 3:04 PM