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Maha plots plan to waive farmers’ loans

DNMUM390869 | 6/19/2017 | Author : Sudhir Suryawanshi | WC :326 | India



Mumbai: The Maharashtra government may sell off its vacant plots to raise funds for the Rs 30,000 crore waiver granted by it on farmers’ loans.
Chief Minister Devendra Fadnavis has waived farmers’ loans worth an estimated Rs 30,000 crore. “We have been asked to identify open and vacant plots that can fetch a good amount. We have identified a few plots in Worli and Bandra, and some in Navi Mumbai. The government is planning to sell off these plots in the open market through auctions,” an urban development department official said on the condition of anonymity. He added that these plots could fetch over Rs 10,000 crore in auctions. “We are also planning to increase the ready reckoner rates and sell the premium in the way of
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