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Mumbai, Nov 11 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved provision of Rs 827 crore as share capital to Nashik, Nagpur and Dharashiv District Central Cooperative Banks (DCCBs). Of this, Rs 672 crore will be given to Nashik DCCB, Rs 81 crore to Nagpur DCCB and Rs 74 crore to Dharashiv DCCB. The Cabinet also took the decision after the Reserve Bank of India informed the government about the recapitalization and revival of Nashik, Nagpur and Dharashiv DCCBs. Accordingly, financial assistance in the form of share capital was approved for the three banks today. DCCB plays an important role in providing crop loans to farmers. The survival of service development institutions also depends on the financial position of the district bank. Therefore, a total of Rs 827 crore was sanctioned by the government as share capital to Nashik, Nagpur and Dharashiv DCCBs, the government release said. The Cabinet also approved disbursement of Rs 336 crore by Nashik DCCB in the current financial year and Rs 336 crore in 2026-27. Nashik and Nagpur DCCBs are currently under administrators, while Dharashiv DCCB has a Board of Directors. However, since the condition of Dharashiv DCCB is continuously deteriorating, it was also approved to issue directions to the Cooperative Commissioner to dissolve the Board of Directors of this bank and appoint an administrator, the release said. Besides this, the Cabinet also approved the appointment of 8,282 additional security guards to protect court complexes and residences of judges and magistrates in the state. These security guards will be provided by Maharashtra State Security Corporation (MSSC). Of these, 4,742 security guards will be appointed for courts and 3,540 security guards at the residences of judges and judges. The Cabinet also approved the provision of Rs 443.24 crore required for the salaries of these security guards. A public interest litigation was filed in the Aurangabad bench of the High Court – Chhatrapati Sambhajinagar regarding security arrangements in the state courts, a government release said. On this, the High Court had directed the government to take a policy decision. After this, the Home Department and the Law and Justice Department conducted a survey from security point of view and after review meetings, submitted the report to the government. Accordingly, it was decided to provide manpower in the first phase and necessary equipment in the second phase. Security guards will be provided at the Mumbai High Court, its benches, Kolhapur Circuit Bench, district courts and other courts in the state as well as at the residences of judges –IANS SJ/DAN