You are here: Home » PTI Stories » National » News
Business Standard

Cgarh govt hikes short-term agri loan for farmers by 20 pc

Press Trust of India  |  Raipur 

government has hiked the total amount of short-term agriculture loans for farmers in the state by 20 per cent in the ongoing rabi crop season.

Earlier, the target was fixed to disburseRs 500 crores as loan during the season.



The short-term farm loan has been revised and the authorities now have set a target of Rs 600 crore, APEX Bank chairperson Ashok Bajaj said in a statement today.

Agriculture minister Brijmohan Agrawal had announced on the last day of the recently concluded Session that water from the irrigation reservoirs, which have more than 50 per cent capacity waterwill be supplied for rabi crops, he said.

Bajaj said loans worth nearly Rs 38 crores have been disbursed to farmers till November 21 in this season.

Presently, farmers from districts of Durg and Surguja division have taken short-term farm loans.

A maximum loan of Rs 22.69 crores has been distributed at Bemetara district, he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Cgarh govt hikes short-term agri loan for farmers by 20 pc

Chhattisgarh government has hiked the total amount of short-term agriculture loans for farmers in the state by 20 per cent in the ongoing rabi crop season. Earlier, the target was fixed to disburseRs 500 crores as loan during the season. The short-term farm loan has been revised and the authorities now have set a target of Rs 600 crore, APEX Bank Chhattisgarh chairperson Ashok Bajaj said in a statement today. Agriculture minister Brijmohan Agrawal had announced on the last day of the recently concluded state Assembly Session that water from the irrigation reservoirs, which have more than 50 per cent capacity waterwill be supplied for rabi crops, he said. Bajaj said loans worth nearly Rs 38 crores have been disbursed to farmers till November 21 in this season. Presently, farmers from districts of Durg and Surguja division have taken short-term farm loans. A maximum loan of Rs 22.69 crores has been distributed at Bemetara district, he said. government has hiked the total amount of short-term agriculture loans for farmers in the state by 20 per cent in the ongoing rabi crop season.

Earlier, the target was fixed to disburseRs 500 crores as loan during the season.

The short-term farm loan has been revised and the authorities now have set a target of Rs 600 crore, APEX Bank chairperson Ashok Bajaj said in a statement today.

Agriculture minister Brijmohan Agrawal had announced on the last day of the recently concluded Session that water from the irrigation reservoirs, which have more than 50 per cent capacity waterwill be supplied for rabi crops, he said.

Bajaj said loans worth nearly Rs 38 crores have been disbursed to farmers till November 21 in this season.

Presently, farmers from districts of Durg and Surguja division have taken short-term farm loans.

A maximum loan of Rs 22.69 crores has been distributed at Bemetara district, he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Cgarh govt hikes short-term agri loan for farmers by 20 pc

government has hiked the total amount of short-term agriculture loans for farmers in the state by 20 per cent in the ongoing rabi crop season.

Earlier, the target was fixed to disburseRs 500 crores as loan during the season.

The short-term farm loan has been revised and the authorities now have set a target of Rs 600 crore, APEX Bank chairperson Ashok Bajaj said in a statement today.

Agriculture minister Brijmohan Agrawal had announced on the last day of the recently concluded Session that water from the irrigation reservoirs, which have more than 50 per cent capacity waterwill be supplied for rabi crops, he said.

Bajaj said loans worth nearly Rs 38 crores have been disbursed to farmers till November 21 in this season.

Presently, farmers from districts of Durg and Surguja division have taken short-term farm loans.

A maximum loan of Rs 22.69 crores has been distributed at Bemetara district, he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard