|S.NO||Credit Facility||Quantum of Assistance|
Collateral / security-free loan
|Crop loan upto Rs.3 lakhs at 7% rate of interest. This interest rate becomes 4% due to 3% interest subvention incentives provided to those farmers who repay crop loan on time
No need of collateral security for farm loan up to Rs 1.6 lakh
|2||Kisan Credit Card||Farmers can avail crop loan through Kisan Credit Card. Loan /credit limit is fixed on the basis of crop sown and area under cultivation. Kisan Credit Cards are valid for 3-5 years. Farmers are also provided risk coverage in the event of accidental death/ disability. Crop coverage loans are covered under the Crop Insurance Scheme.|
|3||Investment Loan||Loan facility to the farmers is available for investment purposes in the areas viz. Irrigation, Agricultural Mechanization, Land Development, Plantation, Horticulture and Post-Harvest Management|
Price Support Scheme (PSS) for Procurement of Oilseeds, Pulses & Cotton under Minimum Support Price (MSP)
|Name of the Scheme||Objectives||Beneficiary||Implementing Agency||Commodities covered
|Likely Benefit to the growers||Pattern of Assistance|
prices to the
and raw jute.
Pulses & cotton growers in case of price fall below the
of India in
Rabi & Kharif
(i) Central Agencies
mends MSPs of 23 commodities,
7 cereals (paddy, wheat, maize,
and ragi), 5
pulses (gram, tur, moong, urad, lentil), 7 Oilseeds
seasmum, sunflower, safflower,
cotton and raw
(PSS) operations, farmers are assured to get
price in case
price of that
|i)Farmers– MSP for the specific commodity is fully paid to the farmers, in case the prices rule below the MSP.
(ii) Central Agencies – Losses incurred to the central agencies are fully reimbursed by the Government of India. Besides, service charges @ 2.5%
on the procurement cost for Copra and 1.5% for oilseeds, pulses & cotton
are also paid to the central agencies.
(iii) State /Primary Agencies – The difference between MSP and Ruling Price along with all expenses up to the storage points are paid to the State agencies by Central agencies/Government of India. Besides, 1% service charge at the ex-godown cost is also paid.
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Last Modified : 3/16/2020
This topic covers the Information related to Agric...
This topic covers the information related to Agric...
This section covers about Agricultural Credit sche...
This section covers about Agricultural Credit rela...