Coffee Board has asked for special compensation package for the coffee growers as it felt the amount paid through the calamity relief fund under the national disaster management plan will not be sufficient to recoup the losses suffered by them due to unprecedented rains.
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Indian farmers’ cooperative IFFCO on Monday tied up with South Korean firms specialising in agri equipment and agri finance to explore business opportunities in India.
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National Co-operative Development Corporation (NCDC) will provide Rs ,3641 crore to Uttarakhand in three years for development of goat, sheep farming, fisheries, dairy farming, aromatic plant, silk cultivation and poultry farming.
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The Reserve Bank of India today said they ensured cash availability to the extent of 95 per cent in Telangana for the newly launched 'Rythu Bandhu' investment support scheme for farmers.
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The National Bank for Agriculture and Rural Development (NABARD) extended financial support of Rs 15,787 crore for agriculture and rural development in Haryana during 2017-18.
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The Government of India, Government of Maharashtra and the World Bank today signed a US$ 420 million project to help small and marginal farmers in the Marathwada and Vidarbha regions of Maharashtra
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Government, with a corpus of Rs 2,450 crore, has set up an Animal Husbandry Infrastructure Development Fund (AHIDF) for financing infrastructure requirement of animal husbandry sector.
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Rajasthan chief minister Vasundhara Raje announced one-time crop loan waiver of up to Rs 50,000 for small and marginal farmers and land revenue exemption.
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The Maharashtra government has approved a Rs 4,000-crore project aimed at promoting climate-resilient agriculture, to be partially funded by the World Bank.
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The UP government has been looking for loans from public financial institutions to fund development projects as a large chunk of state’s own resources are being used to implement the loan waiver scheme for farmers.
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State Cooperative Minister Ajay Kilak said, Rajasthan government has started Agriculture Produce Deposit Loan Scheme (Krishi Upaj Rahan Loan Scheme) for the farmers so that they get right price for their produce.
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Madhya Pradesh’s ‘agriculture’ cabinet gave its nod for a scheme where farmers would be paid the price difference between the minimum support price (MSP) and the prevailing modal price in case of a distress sale.
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VARANASI: On waiving agriculture loan, Uttar Pradesh chief minister Aditya Nath Yogi would take the final call in the first meeting of his cabinet sometime this week. A list of 1.5 crore farmers has been finalised and sent to the chief minister,.
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MANGALURU: To finance farmers for agri mechanisation, Karnataka Bank Ltd, City-based private sector bank entered into a memorandum of understanding with the leading agricultural equipment/implements manufacturer M/s Tirth Agro Technology Pvt Ltd, Rajkot.
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To fund around 100 prioritised irrigation projects, including 56 in drought-prone areas, under the Pradhan Mantri Krishi Sinchayee Yojana (PMKYS) over the next four years, the National Bank of Agriculture and Rural Development (NABARD) will raise in phases over Rs 77,000 crore from market.
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In Kota, Rajasthan, Union Minister of Agriculture and Farmers Welfare Shri Radha Mohan Singh today addressed the 96th Annual Conference of Kota Co-operative Societies Ltd. 108 R.
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Mangaluru: During the current fiscal, Karnataka Bank has earmarked Rs 6,120 crore to the agriculture sector. P Jayarama Bhat, MD and CEO noted that, because by the agriculture sector of around 58% of rural households here depend on agriculture as their principal means of livelihood and about 16%
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Jammu and Kashmir Bank and Staragri signed an agreement for providing affordable financing to farmers and agri-traders. Staragri is a post-harvest solutions company for agricultural business. Primarily this partnership will focus on collateral management services and warehousing receipt financing.
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The government wants public sector banks to increase the loans for agriculture sector, with expectations of an above normal monsoon this year. Indian banks are mandated to disburse 18% of their total advances to the sector as agriculture is a priority sector.
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State Bank of India has launched a loan product for the horticulture sector to help farmers avail finance against receivables. SBI has signed the memorandum of understanding (MoU) with Jain Farm Fresh for its farmers. This scheme will gradually be extended to all horticulture farmers associated with an anchor.
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| Sr. No | Bank Name | Finance Schemes | Eligibility | How to Apply |
|---|---|---|---|---|
| 1. | ICICI Bank | Instant Gold Loan Farmer Finance Agri Traders & Processors Agri Corporates Tractor Loan |
Minimum age 18 years Maximum age 65 years |
Visit your nearest ICICI bank branch to apply. |
| 2 | Canara Bank | Kisan Credit Card Scheme, Agricultural Implements, Tractors and Heavy Agricultural Machinery, Cultivation of Crops Irrigation Potential Dealers of Agriculture Inputs Horticulture, Poultry, Dairy |
An individual agriculturist / corporate / firm / NGO engaged in agriculture / allied activities, we provide a wide range of products. | To apply and for further information please contact to your nearest Canara Bank Branch |
| 3 | IDBI Bank | Agriculture Finance (Short Term Loans) Agriculture Finance (Term Loans) Allied Activities Indirect Finance to Agriculture |
All Farmers/ Owner cultivators, tenant cultivators and Share croppers / Individual farmer having agreement with institution. | Visit: http://www.idbi.com/ agri-apply-now.asp |
| 4 | Kotak Mahindra Bank | Agricultural Finance for Small and Medium Enterprises | Finance to Small & medium enterprises, Farmers, aggregators & processors, Traders & exporters |
Apply online. Please visit: http://www.kotak.com/ personal-banking/agri-business/ agri-sme.html#apply-online |
| 5 | Bank of Baroda | Baroda Kisan Credit Card (BKCC), Agricultural Implements, Tractors and Heavy Agricultural Machinery, Cultivation of Crops Irrigation Potential Dealers of Agriculture Inputs Development of Horticulture Scheme for purchase of Agricultural land, etc |
Finance for All Farmers, Cultivators, Tenant Cultivators | To get application form please visit: http://www.bankofbaroda.co.in/ forms.asp |
| 6 | HDFC Bank | The supplies of a wide range of agri inputs like seeds, fertilisers, pesticides, micro nutrients and micro irrigation tools. Finance for transportation, storage and processing of food and other agri commodities |
Agri commodities, Agri Retailers, Farmers, Cultivators | Just fill the Online Application Form and bank representative will get in touch with you shortly. https://leads.hdfcbank.com/ applications/webforms/ apply/applyKisanCard.asp |
| 7 | Kisan Power Cattle Power Loan for Horticulture Projects Tractor Loan Contract Farming Commodity Power etc. |
Minimum age of applicant should be 21 years. Maximum age of applicant should be 75 years as on date of funding. Minimum 3 acres of land holding for farmers. |
Please apply online Visit: http://www.axisbank.com/ agri-rural/agri-business-loans/ agri-business-loans.aspx |
|
| 8 | Federal Bank | Agricultural Development Loan | Small and Marginal Farmers only with sufficient repaying capacity are eligible for this loan. They shall have adequate income generation to take care of the repayment of loan instalments. | To avail the loan, Please visit any of Federal Bank branches |
