Agricultural relief package for crop damage caused by heavy rains in August 2020
Official circular
List of which taluka of which district will get benefit
Convergence with all schemes of central or state government. Online single window facility in collaboration with participating lending institutions. Project Management Unit to provide handholding support for projects including project preparation Size of the financing facility
Cap on lending rate, so that benefit of interest subsidy reaches the beneficiary and services to farmers remain affordable. Multiple lending institutions including Commercial Banks, Cooperative Banks,NCDC, NBFCs etc.
Need based refinance support will be made available by NABARD to all eligible lending entities including cooperative banks and RRBs as per its policy.
Paramparagat Krishi Vikas Yojana is implemented with the aim to promote organic cultivation in India. To improve soil health as well as organic matter content and to boost the net income of the farmer so as to realize premium prices.
Previous Next Main Features Convergence with all schemes of central or state government. Online single window facility in collaboration with participating lending institutions. Project Management Unit to provide handholding support for projects including project preparation Size of the financing facility – Rs. 1 lakh Cr. Credit Guarantee for a loan up to INR 2 crore. Interest subvention of 3% p.a., limited to INR 2 crore, though loan amount canbe higher. Cap on lending rate, so that benefit of interest subsidy reaches the beneficiary and services to farmers remain affordable. Multiple lending institutions including Commercial Banks, Cooperative Banks,NCDC, NBFCs etc. Disbursement in four years starting with sanction of Rs.10,000 crore in the first year and Rs 30,000 crore each in next three financial years. Moratorium for repayment under this financing facility may vary subject to minimum of 6 months and maximum of 2 years. Need based refinance support will be made available by NABARD to all eligible lending entities including cooperative banks and RRBs as per its policy. National Agriculture Infra Financing Facility The role of infrastructure is crucial for agriculture development and for taking the production dynamics to the next level. It is only through the development of infrastructure, especially at the post harvest stage that the produce can be optimally utilized with opportunity for value addition and fair deal for the farmers.
AUGUST 2020 THI THAYEL BHARE VARSAD THAYEL NUKSHAN MATE KHEDUTO MATE RAHAT SHAY PACKAGE BABAT PARIPATRA
Agricultural relief package for crop damage caused by heavy rains in August 2020
Official circular
List of which taluka of which district will get benefit
