During its second cabinet meeting in a week, the Maharashtra government approved a plan on Friday to establish an economic welfare organisation for the state's Jain community, news agency PTI reported.

According to PTI, the Cabinet also decided to set up financial development corporations for communities which are part of the Other Backward Classes (OBC) segment, such as Bari, Teli, Hindu Khatik, Lonari, while grants up to Rs 10 lakh will be given to cultural and educational institutions belonging to the Buddhist community.