TMI BlogLoan From Land Development Bank.X X X X Extracts X X X X X X X X Extracts X X X X ..... Loan From Land Development Bank. - News and Press Release Dated:- 11-5-2012 - News - Press Information Bureau Government of India Ministry of Finance 11-May-2012 17:45 IST Loan From ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Land Development Bank The Interest Subvention Scheme is being implemented by the Government of India since 2006-07 to make short-term crop loans upto Rs.3 lakhs for a period of one year available ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to farmers at the interest rate of 7 per cent per annum. The Government of India has since 2009-10 been providing additional interest subvention to prompt payee farmers. The additional subvention was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1% in 2009-10, 2% in 2010-11 and 3% in 2011-12. The Government has in the Budget speech of 2012-13 announced continuation of the scheme in 2012-13. Interest Subvention is provided to Public Sector B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anks, Regional Rural Banks and Cooperative Banks. Land Development Banks are not Cooperative Banks as defined in Banking Regulations Act, 1949 and are not covered under the Scheme. This information ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sabha today. * * * DSM/SS/Hb - News - Press release - PIB Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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