Interest Subvention Scheme

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..... Interest Subvention Scheme
News and Press Release
Dated:- 13-12-2011

Press Information Bureau Government of India Ministry of Finance 13-December-2011 16:50 IST The Interest Subventi .....

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..... on Scheme is being implemented by the Government of India since 2006-07 to make short-term crop loans upto Rs. 3 lakh for a period of one year available to farmers at the interest rate of 7 percent pe .....

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..... r annum. The Government of India has since 2009-10 been providing additional interest subvention to prompt payees farmers, i.e. those who repay their loan in time. The additional subvention was 1% in .....

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..... 2009-10 and 2% in 2010-11. This is being increased to 3% in 2011-12 This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Rajya .....

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..... Sabha today. DSM/SS/Hb/SL
News - Press release - PIB .....

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