Crop Loan Waiver Scheme-2018
• Taking plight of the farmers into consideration in the state, the Government while giving priority to Agriculture sector has waived off the outstanding loans of all the farmers in the state as on 31.03.2014 earlier.
• In the current dispensation, crop loans are usually sanctioned for a period of one year and rolled over at the end of the year on payment of interest. There are hardly, fresh few loans giving cash inflow to farmers thus forcing them to purchase high cost inputs on credit at a very high interest.
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