Question
How much interest subvention is provided to farmers for
agriculture and allied activities under Kissan Credit Card Scheme who pay their loans promptly?Solution
In order to provide short term crop loans and short term loans for allied activities including animal husbandry, dairy, fisheries, beekeeping, etc. up to an overall limit of ₹3 lakh to farmers through KCC at a concessional interest rate during the year 2021-22, it has been further continued to provide interest subvention of 2% per annum to lending institutions viz. Public Sector Banks (PSBs) and Private Sector Banks (in respect of loans given by their rural and semi-urban branches only), Small Finance Banks (SFBs) and computerized Primary Agriculture Cooperative Societies (PACS) which have been ceded with Scheduled Commercial Banks (SCBs), on use of their own resources. An additional interest subvention of 3% per annum will be provided to such of those farmers repaying in time, i.e., from the date of disbursement of the loan/s up to the actual date of repayment or up to the due date fixed by the banks for repayment of such loan/s, whichever is earlier, subject to a maximum period of one year from the date of disbursement .
Which district recently secured the top position in the landslide index released by ISRO (Indian Space Research Organisation)?
Vinaya Pitaka, Sutta Pitaka, Abhidhamma Pitaka are related to which of the following?
Who was appointed as India's next Permanent Representative to the United Nations in New York as of August 2024?
Which of the following bank has recently launched “Parivar” (family) savings account in FY24?
In which year was the Indian Olympic Association (IOA) founded under the initiative of Harry Crowe Buck and Dr. A. G. Noehren?
The Bodo tribe is mainly concentrated in which state of India?
Consider the following statements with respect to ‘Parliamentary System of Government in India’:
1. The parliamentary system of government ho...
Which statement is correct about “ INDUS X ” ?
a. INDUS X stands for India-United States Defence Acceleration Ecosyste .
...
What is the name of India’s first national cooperative university whose foundation stone was laid in Anand, Gujarat?
The Government of India has launched the residential education scheme 'Shreshtha' for which category of students?