Thane District Urges Rapid Loan Disbursement to Boost Economy

The Thane administration has instructed banks to hasten loan disbursements under government schemes to spur economic growth ahead of the closure of the financial year 2024-25. District Collector Ashok Shingare emphasized achieving financial targets for maximized assistance during a District Level Advisory Committee meeting.

As the financial year 2024-25 nears its end, the Thane administration has called on banks to expedite loan disbursement under government schemes. This move aims to foster economic growth within the region.

During a meeting of the District Level Advisory Committee, District Collector Ashok Shingare underscored the importance of banks attaining 100 percent of their financial targets. The goal is to ensure maximum financial assistance reaches businesses and individuals effectively.

A release from the administration highlighted the urgency in achieving these targets, emphasizing the broader impact on the district's economic health.

(With inputs from agencies.)