Relief for farmers, Govt. extended the duration of short-term crop loan

Relief for farmers, Govt. extended the duration of short-term crop loan

Many people are facing various problems due to the ongoing lock-down due to the Corona global epidemic. Our farmer brothers are also facing many problems due to this. In view of these problems, the Government of India has extended the date of payment of short-term crop loans taken by the farmers by one month.

The central government has decided to extend the repayment of short-term crop loans to farmers by 31 May 2020. It means that now the farmers can pay short-term crop loans till 31 May 2020 at the interest rate of only 4% per annum without any punitive interest.

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Central government will give concession on the prices of wheat and rice

Central government will give concession on the prices of wheat and rice
  • The government has taken some major steps to deal with this difficult phase of the Corona World Pandemic
  • It has been decided in the Central Cabinet meeting chaired by the Prime Minister to give food grains to 80 crore people of the country at a cheaper rate.
  • The government has decided to give Rs 27 per kg Wheat at just Rs 2 per kg and Rs 37 per kg Rice at Rs 3 per kg to 80 crore people. 
  • 1 lakh 80 thousand crore will be spent on this, which has been given in advance to the states for three months.
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