Farmers in animal husbandry get incentive to repay loans
An interest subvention of 2 per cent will be provided to farmers engaged in animal husbandry and fisheries who avail loans through the Kisan Credit Card. Further, in case of timely repayment of loans, they will also get an additional three per cent interest subvention. Farmers affected by severe natural calamities, where assistance is provided from the National Disaster Relief Fund (NDRF), will be provided an interest subvention of two per cent and a prompt repayment incentive of three per cent for the entire period of rescheduling of their loans.
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