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Interest Free Loans to Farmers.

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..... Interest Free Loans to Farmers.
News and Press Release
Dated:- 27-4-2012

Press Information Bureau Government of India Ministry of Finance 27-April-2012 16:54 IST Interest Free Loans .....

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..... to Farmers The Agriculture Debt Waiver and Debt Relief Scheme (ADWDRS) 2008, was implemented in the country by Public Sector Banks, Private Sector Banks, Co-operative Banks, local area banks and Regi .....

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..... onal Rural Banks. The debt waiver portion of the scheme was closed on 30.6.2008. The debt relief portion of the scheme was closed on 30.6.2010. As per the guidelines of the Scheme, the lending instit .....

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..... utions shall not charge any interest on the eligible amount for any period after February 29, 2008. However, in the case of other farmers who defaults in paying his share of the eligible amount on or .....

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..... before June 30, 2009 and becomes ineligible for One Time Settlement (OTS) relief, the bank may charge interest for the period after June 30, 2009. The Government has reimbursed Rs. 18287.16 crore to .....

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..... the State Cooperative Banks towards the implementation of the Scheme. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sab .....

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..... ha today. ***** DSM/SS/SL
News - Press release - PIB .....

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