The new directive instructs banks nationwide to waive collateral and margin requirements for agricultural and allied activity loans up to ₹2 lakh per borrower.
According to the agriculture ministry, the decision comes in response to the rising input costs and the need to improve credit accessibility for farmers.
This story is from the December 15, 2024 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 15, 2024 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Free healthcare for senior citizens: Kejriwal
AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.
US announces H-1B visa overhaul, Indian techies to benefit
THE US GOVERNMENT on Wednesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals.
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD IN the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".
Navy boat hits ferry off Mumbai coast, 13 dead
A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.
Opposition seeks Shah's resignation
PM defends HM; slams Cong & its 'rotten ecosystem'
Enhancing customer journey in the cloud
ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools.
US announces H-1B visa overhaul, Indian techies to benefit
TO TAKE EFFECT IN MID-JANUARY
Moving beyond conventional tech
AI offers a wide range of benefits for SMEs
Drones deliver new hope to farmers
Aerial tech enhances farming efficiency, can tackle workforce woes
Placing Indian agriculture on the global map
Farmer producer organisations should be supported per their requirements, which currently are know-how about international standards and scaling