Business Daily from THE HINDU group of publications
Sunday, Mar 09, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Sunday, Mar 09, 2008 ePaper | Mobile/PDA Version |
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Agri-Biz & Commodities
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Farm credit Nod for farm loan interest subvention New Delhi, March 8 The Union Cabinet on Friday gave its nod for the release of Rs 2,615 crore as interest subvention to public sector banks, regional rural banks, cooperative banks and NABARD (for refinance to regional rural banks) for ensuring that farmers receive short term credit at 7 per cent during 2007-08. Information and Broadcasting Minister, Mr Priya Ranjan Dasmunsi, told reporters here that the decision would benefit farmers who avail short-term crop loans up to Rs 3 lakhs. - Our Bureau More Stories on : Farm credit
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