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: 150
 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::index() - APP/Controller/ArtileDetailController.php, line 150
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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\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: 151
 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::index() - APP/Controller/ArtileDetailController.php, line 151
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 97
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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        LATEST NEWS UPDATES | Govt Approves Rs 10,901 Cr Funds for Crop Loan Subsidy    </title>
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Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.





The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention..."/>
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Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.





The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention..." />
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                            <div style="text-align: justify">-Outlook</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention to Public Sector Banks, Regional Rural Banks (RRBs), Cooperatives Banks and Nabard to enable them to provide short- term crop loans up to Rs 3 lakh to farmers at 7 per cent per annum 2012-13.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While permitting the release of Rs 10,901 crore, the Cabinet decided that Rs 3,267 crore subvention to given to Nabard for refinance to cooperatives banks and RRBs.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The remaining Rs 7,634 crore will be given to public sector banks, RRBs and cooperative banks for subvention on their own funds, the official statement said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government also decided to provide additional interest subvention of 3 per cent to those farmers who repay short-term crop loans on time, that is within 1 year of disbursement.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government has been subsidising short-term crop loans to farmers in order to ensure the availability of crop loans to farmers for loans up to Rs 3 lakh at 7 per cent per annum.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the year 2009-10, an additional subvention of one per cent was provided to farmers who repay their loans on time.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This has been increased from 2 per cent in 2010-11 to 3 per cent in 2011-12 and 2012-13. Thus, effective rate of interest for such scheme for 2012-13 is Rs 10,901 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government also approved proposal to provide interest subvention to small and marginal farmers having Kisan Credit Card for loan against negotiable warehouse receipts for post harvest at 7 per cent interest for a period of 6 months.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The statement further said it has decided to permit release of Rs 442 crore as interest subvention to small and marginal farmers having Kisan Credit Card against negotiable warehouse receipts, for post-harvest.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks have been consistently meeting the target set for agriculture credit flow in the past years,&quot; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Agricultural credit target for 2012-13 is Rs 5,75,000 crore, up from Rs,4,75,000 crore a year ago.&nbsp;</div>                                                           
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    <br><a href="http://news.outlookindia.com/items.aspx?artid=774405" class="re" target="_blank">Outlook, 6 September, 2012, http://news.outlookindia.com/items.aspx?artid=774405</a><div class="clear"></div>
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Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.





The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention..."/>
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Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.





The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention..." />
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    <h1 class="cat-box-title">Govt Approves Rs 10,901 Cr Funds for Crop Loan Subsidy</h1>
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                            <div style="text-align: justify">-Outlook</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention to Public Sector Banks, Regional Rural Banks (RRBs), Cooperatives Banks and Nabard to enable them to provide short- term crop loans up to Rs 3 lakh to farmers at 7 per cent per annum 2012-13.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While permitting the release of Rs 10,901 crore, the Cabinet decided that Rs 3,267 crore subvention to given to Nabard for refinance to cooperatives banks and RRBs.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The remaining Rs 7,634 crore will be given to public sector banks, RRBs and cooperative banks for subvention on their own funds, the official statement said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government also decided to provide additional interest subvention of 3 per cent to those farmers who repay short-term crop loans on time, that is within 1 year of disbursement.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government has been subsidising short-term crop loans to farmers in order to ensure the availability of crop loans to farmers for loans up to Rs 3 lakh at 7 per cent per annum.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the year 2009-10, an additional subvention of one per cent was provided to farmers who repay their loans on time.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This has been increased from 2 per cent in 2010-11 to 3 per cent in 2011-12 and 2012-13. Thus, effective rate of interest for such scheme for 2012-13 is Rs 10,901 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government also approved proposal to provide interest subvention to small and marginal farmers having Kisan Credit Card for loan against negotiable warehouse receipts for post harvest at 7 per cent interest for a period of 6 months.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The statement further said it has decided to permit release of Rs 442 crore as interest subvention to small and marginal farmers having Kisan Credit Card against negotiable warehouse receipts, for post-harvest.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks have been consistently meeting the target set for agriculture credit flow in the past years,&quot; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Agricultural credit target for 2012-13 is Rs 5,75,000 crore, up from Rs,4,75,000 crore a year ago.&nbsp;</div>                                                           
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    <br><a href="http://news.outlookindia.com/items.aspx?artid=774405" class="re" target="_blank">Outlook, 6 September, 2012, http://news.outlookindia.com/items.aspx?artid=774405</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Govt Approves Rs 10,901 Cr Funds for Crop Loan Subsidy    </title>
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Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.





The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention..."/>
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-Outlook





Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.





The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention..." />
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    <h1 class="cat-box-title">Govt Approves Rs 10,901 Cr Funds for Crop Loan Subsidy</h1>
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                            <div style="text-align: justify">-Outlook</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet chaired by Prime Minister Manmohan Singh decided &quot;to continue interest subvention to Public Sector Banks, Regional Rural Banks (RRBs), Cooperatives Banks and Nabard to enable them to provide short- term crop loans up to Rs 3 lakh to farmers at 7 per cent per annum 2012-13.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While permitting the release of Rs 10,901 crore, the Cabinet decided that Rs 3,267 crore subvention to given to Nabard for refinance to cooperatives banks and RRBs.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The remaining Rs 7,634 crore will be given to public sector banks, RRBs and cooperative banks for subvention on their own funds, the official statement said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government also decided to provide additional interest subvention of 3 per cent to those farmers who repay short-term crop loans on time, that is within 1 year of disbursement.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government has been subsidising short-term crop loans to farmers in order to ensure the availability of crop loans to farmers for loans up to Rs 3 lakh at 7 per cent per annum.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the year 2009-10, an additional subvention of one per cent was provided to farmers who repay their loans on time.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This has been increased from 2 per cent in 2010-11 to 3 per cent in 2011-12 and 2012-13. Thus, effective rate of interest for such scheme for 2012-13 is Rs 10,901 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The government also approved proposal to provide interest subvention to small and marginal farmers having Kisan Credit Card for loan against negotiable warehouse receipts for post harvest at 7 per cent interest for a period of 6 months.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The statement further said it has decided to permit release of Rs 442 crore as interest subvention to small and marginal farmers having Kisan Credit Card against negotiable warehouse receipts, for post-harvest.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks have been consistently meeting the target set for agriculture credit flow in the past years,&quot; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Agricultural credit target for 2012-13 is Rs 5,75,000 crore, up from Rs,4,75,000 crore a year ago.&nbsp;</div>                                                           
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    <br><a href="http://news.outlookindia.com/items.aspx?artid=774405" class="re" target="_blank">Outlook, 6 September, 2012, http://news.outlookindia.com/items.aspx?artid=774405</a><div class="clear"></div>
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Home हिन्दी

Govt Approves Rs 10,901 Cr Funds for Crop Loan Subsidy

Published on Sep 7, 2012   Modified on Sep 7, 2012

-Outlook Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal. The Cabinet chaired by Prime Minister Manmohan Singh decided "to continue interest subvention to Public Sector Banks, Regional Rural Banks (RRBs), Cooperatives Banks and Nabard to enable them to provide short- term crop loans up to Rs 3 lakh to farmers at 7 per cent per annum 2012-13." While permitting the release of Rs 10,901 crore, the Cabinet decided that Rs 3,267 crore subvention to given to Nabard for refinance to cooperatives banks and RRBs. The remaining Rs 7,634 crore will be given to public sector banks, RRBs and cooperative banks for subvention on their own funds, the official statement said. The government also decided to provide additional interest subvention of 3 per cent to those farmers who repay short-term crop loans on time, that is within 1 year of disbursement. The government has been subsidising short-term crop loans to farmers in order to ensure the availability of crop loans to farmers for loans up to Rs 3 lakh at 7 per cent per annum. In the year 2009-10, an additional subvention of one per cent was provided to farmers who repay their loans on time. This has been increased from 2 per cent in 2010-11 to 3 per cent in 2011-12 and 2012-13. Thus, effective rate of interest for such scheme for 2012-13 is Rs 10,901 crore. The government also approved proposal to provide interest subvention to small and marginal farmers having Kisan Credit Card for loan against negotiable warehouse receipts for post harvest at 7 per cent interest for a period of 6 months. The statement further said it has decided to permit release of Rs 442 crore as interest subvention to small and marginal farmers having Kisan Credit Card against negotiable warehouse receipts, for post-harvest. "Banks have been consistently meeting the target set for agriculture credit flow in the past years," it added. Agricultural credit target for 2012-13 is Rs 5,75,000 crore, up from Rs,4,75,000 crore a year ago.

Outlook, 6 September, 2012, http://news.outlookindia.com/items.aspx?artid=774405

Tagged with: Agriculture Rural Credit Farmers

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