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Popular among low-income families, offering both access to funds and options to save, the Chit Funds schemes have reached the roots of the Indian rural economic insfrastructure. Also the need to protect investors interest turns out to be the crucial role, chit funds play while providing people with enhanced investment opportunities.
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Maharashtra government got approval for 107 irrigation projections that costs around Rs. 10,686 Crores in Vidarbha, Marathwada and other drought affected and suicide-prone regions of state.
