Maharashtra Government has requested the Reserve Bank of India to come up with guidelines for granting easy home loans to financially weaker sections who are denied the facility by the banks.It was suggested by Chief Secretary J P Dange that the banks refuse to sanction home loans for poor people and prefer disbursing it to the middle and working classes. Therefore it was necessary to take some initiatives for the poor, an official from Housing Department said.”The CS has requested the RBI to set up guidelines before the banks for giving home loans to the poor in easy instalments,” the official said.Stretching the same issue further for small farmers, Dange said the banks should also not restrict themselves only for big farmers while distributing crop loans.The farmers benefited from loan waiver scheme should also be entitled for the crop loans and small farmers should be encouraged for the same, Dange proposed in a meeting held here to review distribution of loans under various Government schemes.
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