Farmers got short term agriculture loan of more than Rs. 5590 crore

On the instructions of Chief Minister Shri Vishnu Dev Sai, short term agricultural loans are being distributed to as many farmers as possible in the state. So far, short term agricultural loans worth Rs 5590.35 crore have been provided to the farmers in the state through 2058 cooperative societies by the State Cooperative Banks. This year, the state government has set a target of distributing loans worth Rs 7300 crore to the farmers. The total amount distributed so far is about 76 percent of the target. Short term agricultural loans are being provided to the farmers as per their demand and area. Whereas last year, short term agricultural loans worth Rs 5 thousand 493 crore were distributed as of today.

It is worth noting that the Kisan Credit Card (KCC) scheme was started by the state government with the objective of fulfilling the basic needs of farming and providing convenience in farming to the farmers. Apart from this, one of its main objectives was to save the farmers from the clutches of moneylenders. At present, lakhs of farmers of the state are benefiting from this scheme. This has not only provided relief to the farmers for their basic needs, but the production of crops is also increasing continuously.