agricultural credit
Farm loan waivers to have lasting impact on economy: RBI Governor
Urjit Patel called for lasting solutions like building irrigation capabilities and cold storage chains,etc.
Farm loan waivers may cost Rs 1.5-2.3 lakh crore
So far, Maharashtra and UP have waived nearly 30-40 per cent of outstanding agri-bank credit.
Maharashtra disbursed Rs 8,332 crore crop loan
Loans have been given for period starting June 1 till June 12 for current Kharif season.
Centre approves disbursal of short-term crop loans to farmers
Those who repay on time will get a three per cent rebate; that is, they will be charged only four per cent interest.
Farm loans: Interest subsidy on short-term loans raised
The Cabinet has approved the total expenditure of Rs 20,339 crore in 2017 as interest subsidy on short-term crop loans.
1 of 1