Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec88118b018-trace').style.display = (document.getElementById('cakeErr67ec88118b018-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ec88118b018-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec88118b018-code').style.display = (document.getElementById('cakeErr67ec88118b018-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec88118b018-context').style.display = (document.getElementById('cakeErr67ec88118b018-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ec88118b018-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;title&#039; =&gt; &#039;Agri Min pitches for crop loan at 3% in Budget&#039;,
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-PTI
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&amp;nbsp;
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In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
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According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
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The 2012-13 Budget will be presented on March 16.
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Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
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&lt;div style=&quot;text-align: justify&quot;&gt;
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Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
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From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
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In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
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Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
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However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
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		&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 February, 2012, http://www.business-standard.com/budget2012runup/news/agri-min-pitches-for-crop-loan-at-3-in-budget/157326/&amp;amp;tp=on&#039;,
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-PTI


&amp;nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-PTI&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The 2012-13 Budget will be presented on March 16.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
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The 2012-13 Budget will be presented on March 16.
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&lt;br /&gt;
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&lt;div style=&quot;text-align: justify&quot;&gt;
Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
&lt;/div&gt;
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Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
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&lt;br /&gt;
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From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
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&lt;br /&gt;
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In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 February, 2012, http://www.business-standard.com/budget2012runup/news/agri-min-pitches-for-crop-loan-at-3-in-budget/157326/&amp;amp;tp=on&#039;,
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-PTI


&amp;nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-PTI&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The 2012-13 Budget will be presented on March 16.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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-PTI


&nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention..."/>
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                <strong>Agri Min pitches for crop loan at 3% in Budget</strong></h1>
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                <div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The 2012-13 Budget will be presented on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.</div><div style="text-align: justify"><br /></div>               </font>
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-PTI
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&amp;nbsp;
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In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
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According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
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The 2012-13 Budget will be presented on March 16.
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Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
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Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
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From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
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In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
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Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
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However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
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-PTI


&amp;nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-PTI&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The 2012-13 Budget will be presented on March 16.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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-PTI
&lt;/div&gt;
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&amp;nbsp;
&lt;/div&gt;
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In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The 2012-13 Budget will be presented on March 16.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 February, 2012, http://www.business-standard.com/budget2012runup/news/agri-min-pitches-for-crop-loan-at-3-in-budget/157326/&amp;amp;tp=on&#039;,
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-PTI


&amp;nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-PTI&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The 2012-13 Budget will be presented on March 16.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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-PTI


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In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention..."/>
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                <strong>Agri Min pitches for crop loan at 3% in Budget</strong></h1>
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                <div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The 2012-13 Budget will be presented on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.</div><div style="text-align: justify"><br /></div>               </font>
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-PTI
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&amp;nbsp;
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In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
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According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
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The 2012-13 Budget will be presented on March 16.
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Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
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Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
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From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
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In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
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Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
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However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
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-PTI


&amp;nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-PTI&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The 2012-13 Budget will be presented on March 16.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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-PTI
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In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
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According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
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The 2012-13 Budget will be presented on March 16.
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&lt;br /&gt;
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Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
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Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
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From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
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In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
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Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
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&lt;br /&gt;
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However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
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-PTI


&amp;nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-PTI&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The 2012-13 Budget will be presented on March 16.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country&#039;s foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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-PTI


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In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention..."/>
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                <strong>Agri Min pitches for crop loan at 3% in Budget</strong></h1>
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                <div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The 2012-13 Budget will be presented on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.</div><div style="text-align: justify"><br /></div>               </font>
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-PTI
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
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The 2012-13 Budget will be presented on March 16.
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Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
</div>
<div style="text-align: justify">
<br />
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Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
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From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
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In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
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<br />
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Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
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<br />
</div>
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However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
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-PTI


&nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...',
	'disp' => '<div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The 2012-13 Budget will be presented on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.</div><div style="text-align: justify"><br /></div>',
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	'title' => 'Agri Min pitches for crop loan at 3% in Budget',
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-PTI
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The 2012-13 Budget will be presented on March 16.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.
</div>
<div style="text-align: justify">
<br />
</div>',
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-PTI


&nbsp;


In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.





According to sources, the ministry has suggested an additional 1% interest subvention...'
$disp = '<div style="text-align: justify">-PTI</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The 2012-13 Budget will be presented on March 16.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.</div><div style="text-align: justify"><br /></div>'
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Agri Min pitches for crop loan at 3% in Budget

-PTI   In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate. The 2012-13 Budget will be presented on March 16. Farm experts are of the view that cheaper crop loan facility has played an equally significant role in enhancing the country's foodgrains production, which is seen at a record 250.42 million tonne in 2011-12 crop year (July-June). Since 2006-07, the government has been providing interest subvention to all public sector banks, regional rural banks and cooperative banks for short-term crop loans of up to Rs 3 lakh, so as to ensure that short-term agriculture credit was available at 7% to farmers. From 2010-11, an additional 2% interest subvention was provided to those farmers, who repay their short-term crop loans in time. Thus, the short-term crop credit was available to farmers at 5% in 2010-11. In the last Budget, the Finance Minister had announced an additional 1% interest subvention on short-term crop loans and farmers repaying on time are getting loans at 4% interest rate during the current fiscal. Sources further said the ministry has suggested that the target of credit flow to agriculture sector by banks and financial institutions be continued at Rs 4,75,000 crore in the 2012-13 fiscal as well. However, it has sought some mechanism to be evolved to ensure smooth credit access to farmers in the Eastern states, where the government is trying to usher in the second Green Revolution. Currently, credit flow to eastern states is lower as compared to other states, sources said.