Saturday, 29 July 2023

Interest subsidy to Banks / PACs for loan to farmers at 5%

As per cabinet decision on 21.07.2023, Government has been pleased to approve the proposal for provision of funds for "Interest Subsidy / Subvention to the Cooperative Banks /PACs for providing crop loan at 5% interest to farmers." scheme for 5 years from 2023-24 to 2027-28 to ease the interest burden of crop loan on farmers. In this regard, notification has been published by Co-operation Department. 
8565 Dt.25.07.2023

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