Interim Budget: Govt may increase agri-credit target to Rs 22-25 lakh crore

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Currently, the government provides interest subvention of two per cent on short term agri-loans of up to Rs 3 lakh for all financial institutions. This means farmers are getting a farm loan of up to Rs 3 lakh at a concessional rate of 7 per cent per annum.

from Agriculture-Economy-News-Economic Times https://ift.tt/y6SpiEM

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