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Govt clears 1.5% interest aid on farm loans till FY26
29-May-2025 - 0 Comments.
In a major move to support India’s farming sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Modified Interest Subvention Scheme (MISS) for the financial year 2025–26.
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Transforming Agricultural Finance: KCC Loan Limit Increased to ₹5 Lakh
05-Feb-2025 - 0 Comments.
The Indian government has taken a significant step to bolster its agricultural sector by increasing the loan limit under the Modified Interest Subvention Scheme (MISS) for Kisan Credit Card (KCC) holders from ₹3 lakh to ₹5 lakh.
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Cabinet approves interest subvention on short term agriculture loan of upto INR 3 lakh
22-Aug-2022 - 0 Comments.
The Cabinet, chaired by the Prime Minister, Narendra Modi has approved to restore Interest Subvention on short term agriculture loans to 1.5 percent for all financial institutions.
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Agriculture ministry signs MoU with UNDP for strategic partnership on Agriculture, Crop Insurance and Credit
02-Jun-2022 - 0 Comments.
The Ministry of Agriculture & Farmers Welfare (MoA&FW), Government of India and the United Nations Development Programme (UNDP) have signed a Memorandum of Understanding (MoU) wherein UNDP will provide technical support towards Centre’s aspirational Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme & Kisan Credit Card – Modified Interest Subvention Scheme.
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Govt announces interest subvention on working capital loans for dairy sector
14-May-2020 - 0 Comments.
Looking at the hardship faced by the dairy sector, central government has announced a interest subvention scheme on working capital for dairy sector.
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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 announces interest subvention scheme for farmers
09-Jan-2019 - 0 Comments.
With a view to ensuring availability of agriculture credit {including loans taken against Kisan Credit Card (KCC)} at a reasonable cost/at a reduced rate of 7% per annum to farmers, the Government of India, is implementing an interest subvention scheme of 2% for short term crop loans up to INR 300,000.
