As many as 100,000 families residing in rural areas of Rajasthan for the past five years will get interest-free loans for non-agricultural works in the year 2022-23.
The state government has set aside Rs 2,000 crore for the Rajasthan Rural Family Livelihood Loan Scheme. It will give an interest subsidy of Rs 100 crore for such kinds of loans, which will be provided by commercial banks (55,158, rural families) regional rural banks (36,741), the cooperative banks (5,949), and small finance banks (2,152).
This scheme was part of Chief Minister Ashok Gehlot’s Budget announcement.
Cooperative Minister Udailal Anjana said many families