News WrapGet Handpicked Stories from our editors directly to your mailbox

Crop loans

Kisan Credit Card: IBA issues guidelines to waive off processing fees, all other service charges

The Kisan Credit Card Scheme aims at providing adequate and timely credit support from the banking system under a single window.

Feb 05, 2019, 13:15 PM IST

Govt mulls zero interest on timely crop loan repayment as new year gift

There is also a proposal to completely waive premium for taking insurance policy for food crops. The premium on horticultural crops could also be reduced, they said.

Dec 28, 2018, 17:50 PM IST

Punjab CM Amarinder announces total waiver on crop loans for small, marginal farmers

Punjab Chief Minister Amarinder Singh on Monday announced total waiver of entire crop loans for small and marginal farmers in Punjab.

Jun 19, 2017, 22:46 PM IST

Govt okays kharif MSP; decision secret amid farmers protest

The government on Wednesday approved higher support price of 14 kharif crops including paddy and pulses in a bid to provide comfort to farmers who begin sowing in full swing from next month.

Jun 07, 2017, 20:15 PM IST

Agri credit raised to record Rs 10 lakh crore in FY18

In a major thrust to agriculture, Finance Minister Arun Jaitley on Wednesday announced a whopping Rs 1 lakh crore hike in the credit target for the next fiscal to Rs 10 lakh crore as part of the government's efforts to double farm incomes in the next five years.

Feb 01, 2017, 17:56 PM IST

Cabinet approves 60-day interest waiver on farm loans from cooperative banks

The Cabinet on Tuesday gave its ex-post facto approval to interest waive-off to farmers for November and December.

Jan 24, 2017, 15:51 PM IST

RBI's New Year gift to farmers: Extends crop loan repayment by 60 days

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Dec 27, 2016, 00:25 AM IST

Big relief for farmers: RBI gives additional 60 days to repay crop loans

In a major relief to farmers, they will now have 60 more days to repay their crop loans due for November-December as the Reserve Bank of India (RBI) on Monday gave them an additional time to repay.

Dec 26, 2016, 20:41 PM IST

Good news for farmers! Cabinet approves extension of 3% interest subvention on crop loans

The Union Cabinet on Tuesday approved a proposal to extend a three percent interest subvention scheme to banks for the current fiscal to ensure farmers get short-term crop loans up to Rs 3 lakh at seven percent interest.

Jul 05, 2016, 16:10 PM IST

Maharashtra panel moots new crop loans to arrest farmers suicides

The Vasantrao Naik Sheti Swavlamban Mission (VNSSM), set up by the Maharashtra government, proposes to provide new crop loans to all farmers in 14 districts in a bid to arrest suicides, its chairman said on Monday.

Aug 24, 2015, 23:35 PM IST

Govt releases Rs 11,281 crore for settling farm claims

The government on Monday said it has released Rs 11,281 crore between April and July to NABARD to pay interest subvention claims to banks for short-term crop loans of up to Rs 3 lakh to farmers.

Jul 27, 2015, 21:30 PM IST

Govt extends interest subvention on crop loans for farmers

The government on Tuesday extended the interest subvention scheme to banks to ensure availability of crop loans of up to Rs 3 lakh to farmers at 7 percent per annum.

Jul 21, 2015, 23:14 PM IST

Reconsider move on changes in subvention scheme: TN to Centre

Tamil Nadu government Wednesday asked the Centre to reconsider proposed changes in the interest subvention scheme for crop loans for farmers, saying such proposals should be discussed with state Chief Ministers and their consent taken.

Apr 29, 2015, 14:06 PM IST

Govt nod for continuation of interest subsidy for crop loans

Government Wednesday approved the continuation of interest subvention for short-term crop loans up to Rs 3 lakh to farmers at 7 percent per annum.

Dec 10, 2014, 23:23 PM IST

Telangana to waive crop loans of up to Rs 1 lakh

Telangana Chief Minister K Chandrasekhara Rao on Wednesday said his government was committed to waive crop loans of up to Rs1 lakh.

Jun 04, 2014, 15:16 PM IST

EGoM to consider slashing interest rate on crop loans

One of the major proposals is on interest subvention on crop loan, especially those rescheduled as term loan due to drought in some states, the source added.

Sep 03, 2012, 20:06 PM IST

Pawar to take up issue of co-op banks facing closure with FM

With over 70 districts cooperative banks facing cancellation of licences, Agriculture minister Sharad Pawar Monday said he would take up the matter with the Finance Minister as the move could have a negative impact on disbursement of crop loans.

Mar 05, 2012, 16:09 PM IST

Crop loans in 2011-12 likely to be Rs 50,000 cr: NABARD chief

Crop loans of about Rs 50,000 crore are likely to be sanctioned in the current fiscal, NABARD Chairman Prakash Bakshi said Monday.

Sep 26, 2011, 22:20 PM IST