Cabinet Okays 1.5% Interest Subvention On Short-Term Agri Loans Of Up To Rs 3 Lakh

The 1.5% interest subvention will be provided to lending institutions (public and private sector banks, small finance banks, regional rural banks, cooperative banks and computerised Primary Agriculture Credit Societies) for the financial year 2022-23 to 2024-25 for providing short-term agri loans of up to Rs 3 lakh to farmers.

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