Farmers Loan

In Chhattisgarh, traditionally lac is cultivated with nearly 50,000 farmers rearing it on kusum and plum trees and rangini lac on palash and plum trees

SBI agriculture cold loan portfolio increased to Rs 73,601 crore in FY22 from Rs 66,878 crore in FY2021 and personal segment, the gold loans book expanded by 9.89 per cent YoY to Rs 23,063 crore

Mr Javadekar said MSMEs are the backbone of India's economy and therefore the Cabinet has made a road map for implementation of decisions for the MSME sector

In addition, West Bengal will also request the Reserve Bank of India (RBI) to increase the additional credit limit to MSMEs, to 30 per cent from the existing 10 per cent.

Opposition MPs said the farmers were hit by unseasonal rains, floods and demanded that the Centre should give immediate monetary relief

Thanks to the use of technology, channel partners and financing, dealers are able to cater for wider geography and wider product range

'We've had a spate of announcements recently about agricultural loans being waived of'

State FM says aim is to encourage farmers to avail loans against backdrop of low rural credit flow