Impact of Maharashtra Government’s Seed Fund Scheme on Nationalized Bank Loan Distribution: A Physician’s Perspective
Author : Dr. DD Pawar and Krishna Dhondiba Mitkar
Abstract :
The Maharashtra Government's Seed Fund Scheme aims to foster entrepreneurship and self-employment among the youth in Maharashtra by providing financial support through nationalized banks. This study explores the loan distribution process and the specific challenges faced by physicians in accessing these loans. Qualitative research methods, including interviews with bank employees and beneficiaries, were employed. The study reveals that the loan distribution process is complex and time-consuming, with insufficient information and promotion about the scheme from the banks. The study concludes with recommendations to simplify the loan distribution process, increase awareness and promotion, and reduce the required documentation for beneficiaries.
Keywords :
Seed Fund Scheme, Bank Loan, Loan Distribution, Physician
