Agriculture News: 2 lakh 88 thousand farmers of Pune district benefited from Punjabrao Deshmukh interest discount scheme

Panjabrao deshmukh interest subsidy scheme : Regular

Three percent interest concession on loans up to three lakh rupees

Dr. Farmers are benefiting from the Punjabrao Deshmukh Interest Subsidy Scheme. In this interest concession scheme, interest concession is given on loans as an incentive to farmers who repay short term crop loans within the prescribed period. In this scheme, interest concession is given to the farmers who repay the loan within the prescribed period. Dr. To give three percent interest discount to farmers who take short-term loans up to three lakh rupees and repay within the prescribed period. Punjabrao Deshmukh Interest Subsidy Scheme is implemented through the State Govt.  This scheme is being implemented for farmers taking crop loans from District Central Cooperative Bank, all nationalized banks, private banks, rural banks.

Funds received from Govt on account of farmers class

Under this scheme, the funds received from the District Planning Committee and the funds received from the Government through the District Deputy Registrar Cooperative Society (Pune Rural) have been allocated to the account of the farmers. 12 crore 91 lakh 69 thousand 939 rupees have been paid to 60 thousand 254 farmers from the fund of District Planning Committee and 44 crore 40 lakh 7 thousand 86 rupees to 2 lakh 28 thousand 663 farmers from the funds received from the state government. Information about this District Sub-Registrar Cooperative Society (Pune Rural) by Prakash Jagtap.

Timely repayment of crop loan by farmers to get interest concession

Due to this, modern agricultural inputs, seeds, fertilizers, medicines can be purchased to increase the income of farmers. This will increase the agricultural production. Also, farmers are repaying crop loans on time to get interest concession. That is helping to improve the financial situation by increasing the recovery of banks. 

Important News:

Agriculture News: 1.5 percent interest concession on short-term agriculture loans, provision of Rs 34 thousand 856 crore

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