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Budget 2019: Incentive for farmers, more money for SC & STs, and more

Rs 58,166 cr is the allocation for the Northeastern states, up 21 per cent over 2019-20. Rs 19,000 cr is the allocation for the Pradhan Mantri Gram Sadak Yojana

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Interim Budget 2019  |  Budget 2019  |  Interim Budget

Sanjiv Puri 

Farmers in animal husbandry get incentive to repay loans An interest subvention of 2 per cent will be provided to farmers engaged in animal husbandry and fisheries who avail loans through the Kisan Credit Card.

Further, in case of timely repayment of loans, they will also get an additional three per cent interest subvention. Farmers affected by severe natural calamities, where assistance is provided from the National Disaster Relief Fund (NDRF), will be provided an interest subvention of two per cent and a prompt repayment incentive of three per cent for the entire period of ...

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First Published: Fri, February 01 2019. 20:27 IST