crop loans

Drought hit areas to get over Rs.800 crore: Pawar


September 12th, 2012 - 9:48 pm ICT by IANS
New Delhi, Sep 12 (IANS) The central government Wednesday said it will allocate over Rs.800 crore for drinking water, extend the limit of the rural job plan by an additional ... Read more...

Posted in Politics |

Cabinet releases Rs.10,091 crore for crop loan subsidies


September 6th, 2012 - 10:11 pm ICT by IANS
New Delhi, Sep 6 (IANS) To ease the burden on farmers specially in drought-hit areas, the cabinet Thursday decided to release Rs.10,901 crore to banks as interest subvention for ... Read more...

Posted in Business |

Cabinet nod for continuing farmers’ loan scheme


September 6th, 2012 - 9:39 pm ICT by IANS
New Delhi, Sep 6 (IANS) The government Thursday approved a proposal to continue interest subvention to public sector banks (PSBs), regional rural banks (RRBs), cooperatives banks and NABARD to ... Read more...

Posted in Business |

Public sector banks to disburse Rs.6 lakh crore farm loans: Chidambaram


August 25th, 2012 - 11:53 pm ICT by IANS
Karaikudi (Tamil Nadu), Aug 25 (IANS) Government-owned banks have a target to disburse agriculturale loan to the tune of Rs.600,000 crore during the current fiscal - Rs.25,000 crore higher than ... Read more...

Posted in Politics |

Rajasthan launches interest-free loan for farmers


July 22nd, 2012 - 3:43 pm ICT by IANS
Jaipur, July 22 (IANS) In a major decision to push the rural economy, Rajasthan Chief Minister Ashok Kumar Gehlot has decided to provide interest-free loans of up to Rs.1 lakh ... Read more...

Posted in Business |

NABARD registers 24.2 percent loan growth in Bengal (Lead)


April 4th, 2012 - 6:09 pm ICT by IANS
Kolkata, April 4 (IANS) The National Bank For Agriculture And Rural Development (NABARD) has loaned Rs.2,784.39 crore to financial institutions of West Bengal and the state government during the last ... Read more...

Posted in Business |

NABARD registers 24.2 percent loan growth in Bengal


April 4th, 2012 - 4:50 pm ICT by IANS
Kolkata, April 4 (IANS) The National Bank For Agriculture And Rural Development (NABARD) has loaned Rs.2,784.39 crore to financial institutions of West Bengal and the state government during the ... Read more...

Posted in Business |

Allocation for agriculture up 18 percent


March 16th, 2012 - 9:05 pm ICT by IANS
New Delhi, March 16 (IANS) According priority to agriculture, Finance Minister Pranab Mukherjee Friday proposed an 18 percent increase in the total plan outlay of the department to Rs.20,208 ... Read more...

Posted in Business |

Don’t delay infrastructure, Pranab tells western states


September 17th, 2011 - 7:04 pm ICT by IANS
Mumbai, Sep 17 (IANS) Union Finance Minister Pranab Mukherjee Saturday urged chief ministers of India's western states to ensure speedy approval for various infrastructure projects which are held up ... Read more...

Posted in Business |

Help Orissa’s drought hit, urges Congress


August 29th, 2011 - 11:48 pm ICT by IANS
Bhubaneswar, Aug 29 (IANS) Describing the prevailing drought situation in Orissa as serious, the Congress Monday asked the Naveen Patnaik government to take urgent measures to help those hit by ... Read more...

Posted in Politics |

Government keen to reduce loan rate for self help groups: Ramesh


July 19th, 2011 - 1:08 am ICT by IANS
New Delhi, July 18 (IANS) The government is keen to bring down interest rate on bank loans to Self Help Groups (SHGs) and make it on par with that ... Read more...

Posted in Business |

Himachal launches crop insurance scheme


July 13th, 2011 - 7:12 pm ICT by IANS
Shimla, July 13 (IANS) Himachal Pradesh has launched a pilot project to insure the maize, paddy, potato and ginger crops during the kharif season, an official statement said here Wednesday.The ... Read more...

Posted in Uncategorized |

Self-help groups to get loans at lower rates: Jairam Ramesh


June 21st, 2011 - 9:07 pm ICT by IANS
Hyderabad, June 21 (IANS) The central government has decided to reduce the rate of interest for Self-Help Groups (SHGs) from 12 percent to seven percent to bring it on ... Read more...

Posted in Business |

Maharashtra proposes interest-free crop loans


March 23rd, 2011 - 10:07 pm ICT by IANS
Mumbai, March 23 (IANS) Maharashtra farmers will get crop loans without interest and at subsidised interest, state Deputy Chief Minister Ajit Pawar, who also holds the finance ministry portfolio, proposed ... Read more...

Posted in Politics |

Biggest challenge before nation is to ensure inclusive growth: Mukherjee


March 12th, 2011 - 6:57 pm ICT by ANI
New Delhi, Mar 12 (ANI): Union Finance Minister Pranab Mukherjee on Saturday said the biggest challenge before the nation today is to ensure inclusive growth.Speaking on the occasion of 106th ... Read more...

Posted in National |

Agriculture reform at heart of Pranab’s budget


February 28th, 2011 - 6:18 pm ICT by IANS
New Delhi, Feb 28 (IANS) Laying stress on agriculture, central to the country's growth, the government Monday announced a slew of measures, including Rs.1 lakh crore more farm credit at subsidised ... Read more...

Posted in Business |

India continues to face inflation, cause for concern: Mukherjee


February 28th, 2011 - 2:40 pm ICT by ANI
New Delhi, Feb 28 (ANI): Union Finance Minister Pranab Mukherjee on Monday said inflation continues to remain a concern, but exuded confidence that the monetary policy of Reserve Bank of India ... Read more...

Posted in National |

Yeddyurappa defends presenting farm budget


February 25th, 2011 - 12:07 am ICT by IANS
Bangalore, Feb 24 (IANS) Karnataka Chief Minister B.S. Yeddyurappa Thursday defended presenting a separate budget for the agriculture sector for the ensuing fiscal 2011-12, terming it an innovative step."I hope the ... Read more...

Posted in Business |

Karnataka plans farmer loans at one percent interest (Lead)


February 24th, 2011 - 7:46 pm ICT by IANS
Bangalore, Feb 24 (IANS) In the first of its kind budget in the country for farmers, Karnataka Thursday proposed to give crop loans at one percent interest rate through cooperative credit institutions ... Read more...

Posted in Business |

Declare West Bengal drought a national calamity: CPI-M


September 12th, 2010 - 9:08 pm ICT by IANS
Kolkata, Sep 12 (IANS) The Communist Party of India-Marxist (CPI-M) Sunday demanded the central government declare the drought in West Bengal a national calamity and provide subsidies for writing off crop loans ... Read more...

Posted in Business |

CAT insurance could be mandatory: IRDA


August 11th, 2010 - 8:57 pm ICT by IANS
New Delhi, Aug 11 (IANS) The Insurance Regulatory and Development Authority (IRDA) Wednesday said mandating lenders to take catastrophic (CAT) insurance irrespective of the location of the properties for which they have ... Read more...

Posted in Business |

Rs.4,868 crore compensation to public sector banks


July 30th, 2010 - 3:06 pm ICT by IANS
New Delhi, July 30 (IANS) The government Friday approved compensation of Rs.4,868 crore to public sector banks for providing loans to farmers at lower interest rates. "The Cabinet today gave its approval for ... Read more...

Posted in Business |

Several villages cut off in Punjab’s Mansa district


July 13th, 2010 - 11:46 pm ICT by IANS
Chandigarh, July 13 (IANS) Several villages were marooned in Punjab's Mansa district Tuesday as the Ghaggar river overflowed its banks, officials said. "The flood situation in Sardulgarh area of Mansa district ... Read more...

Posted in Environment |

Drought-hit farmers get additional time to repay loans


February 26th, 2010 - 9:54 pm ICT by IANS
New Delhi, Feb 26 (IANS) Finance Minister Pranab Mukherjee Friday doled out sops to farmers, providing them six more months to repay existing loans and bringing down the effective interest rate ... Read more...

Posted in Business |

Farmers on hunger strike in Orissa


November 12th, 2009 - 6:49 pm ICT by ANI
Kalahandi (Orissa), Nov 12 (ANI): Farmers in Kalahandi District have gone on an indefinite hunger strike today, demanding compensation for crop damage.Scores of farmers assembled at the Block office and met ... Read more...

Posted in National |

PM’s I-Day speech just a ceremonial affair: BJP


August 16th, 2009 - 4:00 pm ICT by IANS
New Delhi, Aug 16 (IANS) The Bharatiya Janata Party (BJP) Sunday said Prime Minister Manmohan Singh's Independence Day speech was more of a ceremonial affair and had nothing concrete to offer ... Read more...

Posted in Politics |

PM says nation has adequate foodgrains to counter drought impact


August 15th, 2009 - 12:00 pm ICT by ANI
New Delhi, Aug.15 (ANI): With nearly one-fourth of the country facing drought because of a poor monsoon this year, the Prime Minister, Dr. Manmohan Singh,asserted on Saturday that his government had ... Read more...

Posted in National |

Efforts to be made to control rising food prices: PM


August 15th, 2009 - 11:42 am ICT by IANS
New Delhi, Aug 15 (IANS) Prime Minister Manmohan Singh Saturday said all efforts would be made to control the rising prices of foodgrains, pulses and other goods of daily use. ... Read more...

Posted in Business |

Highlights of PM’s Independence Day speech


August 15th, 2009 - 10:41 am ICT by IANS
New Delhi, Aug 15 (IANS) The following are the highlights of Prime Minister Manmohan Singh's address to the nation on Independence Day: * Warns hoarders and black marketeers* No one will ... Read more...

Posted in Business |

Maharashtra Govt. declares drought-like situation in 129 tehsils


August 8th, 2009 - 1:11 pm ICT by ANI
Mumbai, Aug 8 (ANI): The Maharashtra Government has declared drought-like situation in 129 tehsils in the State.According to an official release, there has been less than 50 per cent of the ... Read more...

Posted in National |

Nabard slashes refinance rates from Wednesday


July 14th, 2009 - 8:33 pm ICT by IANS
Kolkata, July 14 (IANS) Agricultural credit lender National Bank for Agriculture and Rural Development (Nabard) cut refinance rates Tuesday with effect from Wednesday, a top official said here. "We are cutting the rates ... Read more...

Posted in Business |

Ludhiana farmers welcome Union Budget


July 6th, 2009 - 11:17 pm ICT by ANI
Laltonkalan (Punjab), July 6 (ANI): Farmers of Laltonkalan village in Ludhiana district of Punjab have praised the Union Budget unveiled by Finance Minister Pranab Mukherjee on Monday, which focuses on increased ... Read more...

Posted in National |

Best budget, will benefit Andhra Pradesh: YSR


July 6th, 2009 - 10:48 pm ICT by IANS
Hyderabad, July 6 (IANS) Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy Monday hailed the union budget as the "best in the most difficult times" and said it would greatly benefit his ... Read more...

Posted in Business |

In agriculture, credit flow of Rs. 3,25,000 crore targeted for 2009-10


July 6th, 2009 - 4:06 pm ICT by ANI
New Delhi, July 6 (ANI): Finance Minister Pranab Mukherjee on Monday said that the target for the agriculture credit flow for the year 2009-10 is being set at Rs. 3,25,000 crore. ... Read more...

Posted in National |

Farmers’s debt relief scheme extended (Lead)


July 6th, 2009 - 2:59 pm ICT by IANS
New Delhi, July 6 (IANS) The government has extended the debt relief scheme for farmers from June 30 to the end of the year, Finance Minister Pranab Mukherjee announced Monday. "The time ... Read more...

Posted in Business |

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