Union Finance Minister, Nirmala Sitharaman while addressing budget 2021 on Agri and allied sector proposed a 10% rise in the farm loan disbursement target to ₹ 16.5 lakh crore in the budget 2021 and announced an agri-infra and development cess of up to 100% to build post-harvest...
According to the Ministry of Rural Development, difficulties in identifying borrowers’ eligibility for the Rural Housing Interest Subsidy Scheme (RHISS) and delays by public sector banks in signing an agreement with the National Housing Bank (NHB) have ended in an inadequate use of...
A bunch of politically controversial reforms have been recommended by the 15th Finance Commission of India to free up land leasing and introduce change to the farming sector. It proposed the cash transfer of subsidies instead of subsidized power for agriculture and the switch of crops...
The lives of 12 lakh tea employees in Assam and West Bengal tea estates are expected to improve with finance minister Nirmala Sitharaman declaring a special package of ₹ 1,000 crore for them. A more detailed coverage of welfare services relating to housing, education, sanitation...
India’s Agri Credit Target has been elevated to ₹ 16.5 lakh crore in the budget 2021 presented today by Union finance minster Nirmala Sitharaman. 1.54 crore farmers in Financial Year 2021 vs 1.24 crore Year-Over-Year (YoY) benefitted greatly from Minimum Support Price (MSP) in crops...
