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Farm credit

Rs 7.57 lakh crore farm credit disbursed in April-December of FY16

Rs 7.57 lakh crore farm credit disbursed in April-December of FY16

Tue, Apr 11, 2017

Farmers get short-term crop loans of up to Rs 3 lakh at subsidised interest of 7% per annum. For prompt repayment, they get additional incentive of 3%, making the effective interest rate 4%.

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