Farmers are provided with pledge loans against their agricultural produce. During the harvest season, the supply of agricultural produce in the market increases, and often, due to the excess supply, there is a possibility of prices falling. To prevent farmers from having to sell their produce at low prices and to meet their financial needs, this scheme is implemented by the Market Committee from its own funds, under the guidance of the Maharashtra State Agricultural Marketing Board. In this department, farmers are given pledge loans after fulfilling the necessary documentation requirements for their agricultural produce.
