Central government is likely to announce PM Modi’s new scheme named as Rythu Bandhu Scheme 2019 for farmers. Under this direct benefit transfer (DBT) scheme, govt. will provide Rs. 4,000 per acre per crop per season per year to farmers. In this investment support scheme, the govt. will transfer the amount directly into the bank […]
Karnataka govt. has cleared the plan for Farm Loan Waiver Scheme to waive off Nationalised Banks Loans of Farmers. Under this scheme, all crop loans of the farmers taken from nationalized banks will be waived. Even the farmers who have repaid loans on time will get incentives. The state govt. will provide Rs. 30,160 crore […]
Karnataka govt. has announced the launch of Crop / Farm Loan Waiver Scheme (Karj Mafi Yojana) for farmers. In the 1st phase of Karz Mafi scheme, govt. will waive off all the crop loans upto Rs. 2 lakh of defaulter farmers till 31 December 2017. This Farm / Crop Loan Waiver Scheme will cost Rs. […]
Reserve Bank of India (RBI) will implement Interest Subvention Scheme 2018-19 for Short Term Crop Loans. Under this scheme, farmers can avail loans upto 3 lakhs at subsidized interest rate of 7% which could go down to 4% on prompt repayment. Govt. will implement this Interest Subsidy Scheme through Direct Benefit Transfer (DBT). Central government […]
Madhya Pradesh govt. has approved the launch of Krishi Rin Samadhan Yojana for farmers. This debt relief scheme will waive off the interest on bank loans of defaulter farmers. All the farmers who were unable to pay off their loans till 30 June 2017 will get covered under this scheme. MP govt. will provide Rs. […]
Rajasthan government has announced the much awaited Farm Loan Waiver Scheme / Fasal Rin Mafi Yojana for farmers. Subsequently, CM made announcement about farm loan waiver in the Rajasthan Budget 2018-19. Under this Karj Mafi Yojana, govt. is going to waive off the entire overdue / interest on loans till 30 September 2017. Moreover, govt. […]
Punjab government has finally launched Punjab Debt Waiver Scheme (1st phase) for debt-ridden farmers on 7 January 2018 at Mansa district. Subsequently, the state govt. is going to waive off loans of up to Rs. 2 lakh of small and marginal farmers. At the official launch of this Kisan Karj Mafi Yojana, govt. provides debt […]
Punjab government announces the release of funds for the Punjab Farm Loan Waiver Scheme. Subsequently, state govt. will disburse the funds on 7 January 2018 at Mansa. Accordingly, the state govt. will provide a total sum of Rs. 2700 crore under Punjab Crop Loan Waiver Scheme for the farmers who took loans from the co-operative […]
The state government of Uttarakhand has launched Deendayal Upadhyay Sahkarita Kisan Kalyan Yojana for small & marginal farmers of the state. This is a farm loan scheme that provides loan facilities upto Rs. 1 lakh at 2% interest rates to farmers of the state. The farmers who are living in the border areas can take […]
The state government of Rajasthan is providing interest free farm loans to the farmers of the state for last few years. Under the scheme, the state government is aimed at providing financial support of up to Rs. 75,000 crore to farmers within next 1.5 years. However, the government has already disbursed Rs. 55,000 crores worth […]