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
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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
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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
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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 | Haryana asks banks to reduce rate of interest    </title>
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Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank..."/>
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Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank..." />
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                            <font ><br /></font><div align="justify"><font >Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank of India officers here today on the occasion of signing of Memorandum of Understanding (MoU) between Lakshya Food India and State Bank of India (SBI), an official release said. The Chief Minister said that nationalised banks should also release the additional land of farmers that was mortgage by banks in term of loan disbursed for purchase of tractor by farmers as the state cooperative banks has already released the additional mortgage land of farmers. He said that Haryana Government has slashed the cooperative loans in agriculture sector to seven per cent and again given incentives for reducing it to four per cent. He said that floor rates have been fixed by the government and banks should go by these rates while disbursing loans to farmers and mortgaging lands for the same. As per the MoU signed, loan would be repaid in 8 years inclusive of one year moratorium period. During the second year only interest will be paid and the principal along with the interest will be repayable from third year onward in 72 monthly instalments. The interest for the first year has been capitalised in the scheme. According to MoU, SBI will provide Rs 100 crore to the farmers to buy 10,000 buffaloes and in turn Lakshya will provide germ plaza, feed and other technical support to the farmers. Lakshya Food has set up a milk processing unit at village Kandela near Jind.</font><br /><br /></div>                                                           
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    <br><a href="http://ibnlive.in.com/generalnewsfeed/news/haryana-asks-banks-to-reduce-rate-of-interest/417731.html" class="re" target="_blank">IBN, 15 October, 2010, http://ibnlive.in.com/generalnewsfeed/news/haryana-asks-banks-to-reduce-rate-of-interest/417731.html</a><div class="clear"></div>
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Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank..."/>
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Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank..." />
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                            <font ><br /></font><div align="justify"><font >Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank of India officers here today on the occasion of signing of Memorandum of Understanding (MoU) between Lakshya Food India and State Bank of India (SBI), an official release said. The Chief Minister said that nationalised banks should also release the additional land of farmers that was mortgage by banks in term of loan disbursed for purchase of tractor by farmers as the state cooperative banks has already released the additional mortgage land of farmers. He said that Haryana Government has slashed the cooperative loans in agriculture sector to seven per cent and again given incentives for reducing it to four per cent. He said that floor rates have been fixed by the government and banks should go by these rates while disbursing loans to farmers and mortgaging lands for the same. As per the MoU signed, loan would be repaid in 8 years inclusive of one year moratorium period. During the second year only interest will be paid and the principal along with the interest will be repayable from third year onward in 72 monthly instalments. The interest for the first year has been capitalised in the scheme. According to MoU, SBI will provide Rs 100 crore to the farmers to buy 10,000 buffaloes and in turn Lakshya will provide germ plaza, feed and other technical support to the farmers. Lakshya Food has set up a milk processing unit at village Kandela near Jind.</font><br /><br /></div>                                                           
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Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank..."/>
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Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank..." />
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                            <font ><br /></font><div align="justify"><font >Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank of India officers here today on the occasion of signing of Memorandum of Understanding (MoU) between Lakshya Food India and State Bank of India (SBI), an official release said. The Chief Minister said that nationalised banks should also release the additional land of farmers that was mortgage by banks in term of loan disbursed for purchase of tractor by farmers as the state cooperative banks has already released the additional mortgage land of farmers. He said that Haryana Government has slashed the cooperative loans in agriculture sector to seven per cent and again given incentives for reducing it to four per cent. He said that floor rates have been fixed by the government and banks should go by these rates while disbursing loans to farmers and mortgaging lands for the same. As per the MoU signed, loan would be repaid in 8 years inclusive of one year moratorium period. During the second year only interest will be paid and the principal along with the interest will be repayable from third year onward in 72 monthly instalments. The interest for the first year has been capitalised in the scheme. According to MoU, SBI will provide Rs 100 crore to the farmers to buy 10,000 buffaloes and in turn Lakshya will provide germ plaza, feed and other technical support to the farmers. Lakshya Food has set up a milk processing unit at village Kandela near Jind.</font><br /><br /></div>                                                           
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    <br><a href="http://ibnlive.in.com/generalnewsfeed/news/haryana-asks-banks-to-reduce-rate-of-interest/417731.html" class="re" target="_blank">IBN, 15 October, 2010, http://ibnlive.in.com/generalnewsfeed/news/haryana-asks-banks-to-reduce-rate-of-interest/417731.html</a><div class="clear"></div>
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Home हिन्दी

Haryana asks banks to reduce rate of interest

Published on Oct 17, 2010   Modified on Oct 17, 2010

Haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank of India officers here today on the occasion of signing of Memorandum of Understanding (MoU) between Lakshya Food India and State Bank of India (SBI), an official release said. The Chief Minister said that nationalised banks should also release the additional land of farmers that was mortgage by banks in term of loan disbursed for purchase of tractor by farmers as the state cooperative banks has already released the additional mortgage land of farmers. He said that Haryana Government has slashed the cooperative loans in agriculture sector to seven per cent and again given incentives for reducing it to four per cent. He said that floor rates have been fixed by the government and banks should go by these rates while disbursing loans to farmers and mortgaging lands for the same. As per the MoU signed, loan would be repaid in 8 years inclusive of one year moratorium period. During the second year only interest will be paid and the principal along with the interest will be repayable from third year onward in 72 monthly instalments. The interest for the first year has been capitalised in the scheme. According to MoU, SBI will provide Rs 100 crore to the farmers to buy 10,000 buffaloes and in turn Lakshya will provide germ plaza, feed and other technical support to the farmers. Lakshya Food has set up a milk processing unit at village Kandela near Jind.

IBN, 15 October, 2010, http://ibnlive.in.com/generalnewsfeed/news/haryana-asks-banks-to-reduce-rate-of-interest/417731.html

Tagged with: Financial Inclusion Agriculture

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