1.5 lakh farmers will get interest free loans of Rs 740 crore
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1.5 lakh farmers will get interest free loans of Rs 740 crore
A loan of Rs.710 crore will be distributed without interest to 1.5 lakh farmers of the district. In this, 430 for Kharif and Rs 310 crore for Rabi will be distributed. Distribution of this loan will benefit 25 lakh farmers of the state and the benefit of the debt waiver up to 50 thousand declared by the government will also be benefited.
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Managing Director of Central Cooperative Bank, Ranjeet Singh Chundawat said that short-term crop loan in the district is distributed from one April to 31 August and in the Rabi season from September 1 to 31, in the Kharif season. Under this, distribution of free-interest short-term crop loan of Rs. 16 thousand crores to more than 25 lakh farmers in the year 2018-19 will be distributed. In this, 10 thousand crore rupees will be distributed in kharif season and Rs. 6 thousand crore in Rabi season.
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These districts will be distributed in 10 thousand crores
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