Maharashtra Chief Minister Devendra Fadnavis has urged banks to come up with innovative solutions to bring the distressed farmers back into the formal credit system.
Fadnavis was speaking at a State Credit Seminar organised by National Bank for Agriculture and Rural Development in Mumbai on Tuesday. Fadnavis said that the distress in the agricultural sector is due to the lack of infrastructure for storing water.
He said that Maharashtra has been investing on water conservation, including the Jalyukta Shivar Abhiyaan.
The CM also emphasized on the need of a creative ecosystem to boost agriculture sector. He stated that in the next 3 years, sugarcane farming in the State will be brought under micro irrigation.