No appeasement with microloan waivers, Assam thinks of rewardsIn parallel, the state has identified that out of the ₹12,500 crore of micro-loans, about ₹4,000 crore was given to borrowers flouting the ...
22 Jun, 2021, 06.54 AM IST
No relief for Mudra Shishu loan borrowers during moratoriumThe subvention will begin from June for the next one year for borrowers that had opted out of the moratorium offer. RBI extended the morato...
03 Jul, 2020, 07.03 PM IST
Bankers, govt officials oppose interest sop in moratorium periodThe moratorium, which is now available for six months starting March 2020, was meant to provide some temporary relief to borrowers – both i...
08 Jun, 2020, 11.37 AM IST
Interest subvention on crop loans extended till August 31The Reserve Bank of India on May 23, 2020 had permitted all lending institutions to extend moratorium on repayment of loans by another thre...
05 Jun, 2020, 12.56 AM IST
Government to offer interest sops even if farmers fail to repay till May 31"In order to ensure that farmers do not have to face the situation of paying penal interest and they can continue getting the benefit of sh...
01 Apr, 2020, 09.50 AM IST
Govt extends crop loan repayment till May“Due to ongoing lockdown, there have been restrictions imposed on movement of people. Many farmers are not able to travel to bank branches ...
30 Mar, 2020, 05.17 PM IST
RBI announces modalities for 2 pc interest subvention for fisheries farmersThis also implies that the farmers repaying promptly would get short-term loans at the rate of 4 per cent per annum during 2018-19 and 2019...
26 Aug, 2019, 10.44 PM IST
Centre mulls zero interest on timely crop loan repayment as new year giftThere is a proposal to completely waive premium for taking insurance policy for food crops.
28 Dec, 2018, 03.09 PM IST
Assam announces Rs 1,000-crore schemes to boost farm creditAnother is the Assam Farmers’ Interest Relief Scheme (AFIRS), which will extend support to farmers who are prompt in repaying their loans, ...
20 Dec, 2018, 09.42 AM IST
Farm loan waiver may cost Uttar Pradesh at least Rs 36,000 croreThe total loan amount for farmers in UP is of Rs 8,400 cr from cooperative banks and primary agriculture cooperative societies, and Rs 27,4...
21 Mar, 2017, 12.52 PM IST
RBI gives additional 60 day period for availing of prompt repayment incentive to farmersUnder the interest subvention scheme, farmers get short-term crop loan of up to Rs 3 lakh for one year at an interest rate of 7 per cent.
26 Dec, 2016, 07.31 PM IST
Farmers get 60 days more to repay crop loans due in November-DecemberUnder the interest subvention scheme, farmers get the short-term crop loan of up to Rs 3 lakh for one year at an interest rate of 7 per cen...
20 Dec, 2016, 08.10 PM IST
Odisha asks Centre to reduce crop loan interest due to drought"As crop loans are converted into Medium Term Loans, the interest rate should remain at the same level instead of charging higher rate of i...
20 Nov, 2015, 04.15 PM IST
Sugar industry bitter with UPA due to reduced incentives on raw sugarAfter several meetings of state chief ministers and government with the sugar industry, a fiscal package and other measures were announced ...
15 May, 2014, 11.56 AM IST
Tamil Nadu sets Rs 4,500 crore crop loan disbursal targetTamil Nadu government has set a crop loan disbursal target of Rs 4,500 crore for the year 2013-14, about Rs 500 crore higher than the previ...
08 Apr, 2013, 08.29 PM IST
- Farm loan to exceed target, touch Rs 5.20 lakh crore: Nabard
Farm loan disbursal is expected to exceed the target of Rs 4.75 lakh crore and touch Rs 5.20 lakh crore in 2011-12 on the back of good mons...
26 Sep, 2011, 04.17 PM IST
- Budget 2011 may lower farm loan interest to 4%; push agri-infra
The Budget is likely to provide sops to farm sector including reduction in interest rate for timely re-payments and boosting investments.
27 Feb, 2011, 12.16 PM IST