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crop loan News

Maharashtra crop loan fraud: ED raids firm accused of taking loans in the name of farmers

These loans were allegedly availed from various banks in the name of non-existent farmers while some were availed in the name of dead farmers.

Maharashtra govt to roll out campaign to ensure farmers get access to institutional loans

According to Tiwari, the state government has set a target of Rs 20,000 crore for six districts of Marathwada and west Vidarbha each for this year. It is trying to ensure that all farmers get loan before June 15.

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Maharashtra government will provide Rs 9,000 crore more for crop loan waiver

On July 24, 2017, Fadnavis had announced the Rs 34,200-crore loan waiver. The scheme was named Chhatrapati Shivaji Maharaj Shetkari Sanmaan Yojna.

Low crop loan disbursement hits Vidarbha, Marathwada farmers

Almost 40 lakh of the total 1.37 crore farmers in Maharashtra are from drought-prone districts of Vidarbha and Marathwada. The government has allocated Rs 58,862 crore for crop loans for the year 2018-19.

NABARD annual status paper of 2018-19: Western Maharashtra will have most access to crop loan, long term credit

While the figure for Vidarbha region would be Rs 20,401.56 crore (21.79%), it would be Rs 19,424.18 crore (20.75%) for Marathwada, the report stated.

Everyone needs a safety net, no one likes crop insurance

The claims are calculated on the basis of formulae that even banks and insurance companies would admit to be flawed.

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Banks turning down crop loans to eligible farmers will invite stern action: Devendra Fadnavis

“There are well laid out guidelines under which they will have to work and anybody found violating rules would invite action,” Fadnavis said.

Over Rs 13 cr crop loan for this kharif,rabi seasons: Patil

State Cooperative Minister Harshvardhan Patil announced that the government plans to distribute Rs 13,726 crore as crop loan for the forthcoming kharif and rabi seasons.

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