Gujarat govt extends short-term crop loan repayment deadline
Gandhinagar, April 1 (IANS) On farmers and agriculture leaders' demands, the Central government has extended the deadline for repayment of short-term crop loans till May 31, said Gujarat Deputy Chief Minister Nitin Patel on Wednesday.
Informing the media, the Deputy Chief Minister said, "Many farmers across the state, farmers' leaders, the Kisan Sangh and the MLAs had proposed to the Chief Minister Vijay Rupani to extend the deadline for the repayment of short-term crop loans to the farmers. We forwarded this proposal to the Centre, which has accepted the proposal. The deadline for repayment of these loans will be May 31 instead of March 31st."
Around 24,21,149 farmers will be benefited by this decision. During these two months, the interest on the loans will be borne by the Central as well as State government. An extra Rs 160 crore will be burdened on the Gujarat government," said Patel.
--IANS
amc/prs

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Nutraceuticals Market Size Projected To Witness Strong Growth During 2025-2033
- Excellion Finance Scales Market-Neutral Defi Strategies With Fordefi's MPC Wallet
- Pluscapital Advisor Empowers Traders To Master Global Markets Around The Clock
- Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders
- Vietnam Vegan Food Market Size, Share, Trends And Report 2025-2033
- Red Lions Capital And Neovision Launch DIP.Market Following ADGM Regulatory Notification
Comments
No comment