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Over 3,800 Await Rs120cr Loan Disbursal from Centre's Maulana Azad Eco Devpt Corp

Over 3,800 Await Rs120cr Loan Disbursal from Centre's Maulana Azad Eco Devpt Corp

Time of India2 days ago
N
agpur: A total of 3,822 applications for education and business loans under the Maulana Azad Economic Development Corporation, Maharashtra, have been pending for months now.
The applicants were informed that all the 3,822 loan applications had been approved by the Board of Directors. However, the Rs120 crore disbursement is pending as the Centre has not released its share, while the state is short of funds.
Ansar Ali, convenor of BJP's Amravati Lok Sabha constituency and a representative of the Pasmanda community, wrote to Union minister for minority affairs Kiran Rijiju and minister of state George Kurian in this regard.
"Some applicants received some amounts, but most haven't got anything so far. The applications started soon after the Mahayuti govt came to power in November last year," he said.
As per the format, applicants have to mortgage their properties and submit documents to avail of the loan. However, with the disbursal pending, the applicants are unable to seek loans from elsewhere too, as original documents are stuck. "Objections have been raised regarding the holding back of the 7/12 extract and property card of the applicants.
As a result, these applicants are unable to secure any other loans from banks, which has caused significant distress among them.
Furthermore, this has led to considerable dissatisfaction within the Muslim community towards the govt," he said.
Ali said after the chief minister, the minister for minority affairs, and the minister of state were informed, it was directed through a letter dated July 15, 2025, issued by the Maulana Azad Economic Development Corporation, Mumbai, that all district managers should instruct applicants to visit their respective district offices and submit a request to seek an NOC for applying to other banks.
Congress Minority Cell Seeks MP Funds for Indoor Stadium in Mominpura
Nagpur: During the visit of Imran Pratapgarhi, chairman of the All India Congress Minority Department, and Rajya Sabha MP, a delegation from the Maharashtra Pradesh Minority Department led by Atiq Qureshi (general secretary, Maharashtra Pradesh Minority Department), Irshad Ali (general secretary, Maharashtra Pradesh Minority Department), and Haji Mohammad Sameer, met him.
The delegation submitted a memorandum requesting Rs50 lakh from the MP's development fund for various projects in Central Nagpur, particularly for the construction of an indoor stadium in Mominpura, Ward No.
8, and other development works.
Pratapgarhi listened to their demands with seriousness and assured to provide funds for the development projects. On this occasion, MLA Sajid Pathan, former MLA and chairman of Maharashtra Pradesh Minority Department Wajahat Mirza, Owais Qadri, Waseem Khan (president, Minority Department), Mohammad Imran, Mohammad Javed Shanu, Mohammad Zaid Qureshi, Zikwan Hasrat Qureshi, and a large number of Congress workers were present.
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