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Cabinet approves short term loans repayment for agriculture, allied activities till August 31
01-Jun-2020 - 0 Comments.
The Union Cabinet chaired by the Prime Minister, Narendra Modi has given its approval to extend repayment date up to 31 August 2020 for Standard Short-Term loans up to INR 3 lakh advanced for agriculture and allied activities by banks.
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India gives benefits to farmers on crop loan repayments due to Covid-19 lockdown
31-Mar-2020 - 0 Comments.
In the wake of lockdown due to ongoing Covid-19 pandemic, the Government has extended the benefit of 2% Interest Subvention (IS) to Banks and 3% Prompt Repayment Incentive (PRI) to all farmers up to 31st May, 2020 for all crop loans up to Rs.3 lakh
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India extend crop loan grace period by 60 days more
23-Dec-2016 - 0 Comments.
Indian government is seized of the constraints faced by the farming community in repayment of loan dues within the prescribed time limit.
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