Cabinet approves continuation of Modified Interest Subvention Scheme (MISS) for FY 2025-26 with existing 1.5% Interest Subvention (IS)
May 28th, 03:45 pm
The Union Cabinet chaired by PM Modi approved the continuation of Interest Subvention under the Modified Interest Subvention Scheme for FY 2025-26. The scheme offers short-term KCC loans up to ₹3 lakh at 7% interest, with 1.5% subvention and 3% prompt repayment incentive, supporting over 7.75 crore farmers nationwide.
Cabinet approves Interest Subvention to banks on Short-Term crop loan to farmers
June 14th, 03:44 pm
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18. This will help farmers getting short term crop loan up to Rs. 3 lakh payable within one year at only 4% per annum. The Government has earmarked a sum of Rs. 20,339 crore for this purpose.
Social Media Corner - 5th July
July 05th, 07:56 pm