Interest Free Agri Loan: KCC is in the process of providing interest free short term agri loans to farmers holding KCC. Farmers of the state will soon be provided short-term agri loans at zero percent interest rate.
Interest Free Agri Loan: Bihar government has announced to soon provide interest free short-term agricultural loans to the farmers of the state from the State Cooperative Bank. Bihar Cooperative Department Minister Surendra Yadav, while addressing the officials of District Cooperative Banks and representatives of Primary Agricultural Cooperative Societies (PACS) on the occasion of 70th All India Cooperative Week- 2023, said, small and marginal farmers are important in the overall development of the state. Play a role. The Grand Alliance government in the state has taken many steps towards ease of doing business for the cooperative societies as well as the farmers. We will soon bring many incentives for farmers. Our co-operative banks are consistently profitable and being the apex unit of the three-tier loan structure are successfully implementing procurement and other co-operative schemes for the benefit of farmers and other stakeholders.
Farmers will get agri loan at zero percent
On this occasion, Additional Chief Secretary of Bihar Cooperative Department, Deepak Kumar Singh said, the state government is making every possible effort for the welfare of the stakeholders associated with the cooperative sector including farmers. The department is in the process of providing interest free short term agri loans to KCC holder farmers in the state. Farmers of the state will soon be provided short-term agri loans at zero percent interest rate.
Singh said, under the new scheme, farmers in the state will be given loans to meet post-harvest expenses as well as financial needs of agriculture and other allied activities. He underlined the importance of strengthening the cooperative movement for collective development in the state.
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