Farmers to get up to Rs 10 million in loan at subsidised rates The government is mulling over extending loans of up to Rs 10 million to farmers at subsidised interest rates in an attempt to attract youths towards the agriculture sector. The loans will be made available at interest of less than six per cent through commercial banks and will have to be paid back within five years, says the draft of a guideline on subsidised commercial agricultural loan programme prepared by the Ministry of Agricultural Development (MoAD). READ MORE: shar.es/1mjCNA
Posted on: Wed, 15 Oct 2014 03:55:08 +0000
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