Bank of Maharashtra, Convener Bank for SLBC- Maharashtra organized a special meeting on 07.04.2015 at Mumbai to discuss relief measures for the agriculture sector as Maharashtra is facing natural calamities like drought, unseasonal rains and hailstorms for the past many seasons thereby disrupting the crop cycles and agri economy.

Shri R.K. Gupta, Executive Director, Bank of Maharashtra presided over the meeting.

The meeting was attended by Shri S.K. Sharma, Principal Secretary, Cooperation, Government of Maharashtra, Shri S.M. Deshpande, Secretary, Expenditure (Finance), Government of Maharashtra, Shri Shri U. S. Saha, CGM, NABARD and Shri Chandrakant Dalvi, Commissioner, Cooperation, Government of Maharashtra. Senior Officials of Reserve Bank of India, NABARD, State Government, Commercial Banks, MS State Coop. Bank and Regional Rural Banks were also present.

Shri S. Bharatkumar, General Manager, Resource Planning, Bank of Maharashtra & Convener, SLBC, welcomed the participants. He explained the purpose of the meeting as to discuss the issues related to natural calamities, hailstorms, declaration of paisewari for kharif and rabi crops etc. and action to be initiated for remedial measures. He also explained the importance of SLBC forum for coordinating between the State Government, the Central Government, Reserve Bank of India, NABARD and member banks for effective implementation of various schemes of the Government and percolation of guidelines.