Agriculture News, Farming News, Research, Horticulture
Under this arrangement, commodities are checked for quality and quantity, based on which a receipt is issued to farmers, traders and processors. The receipt can then be used as collateral to avail of loan facilities
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Policymakers must ensure that agri-focused NBFCs and Fintech are included in effective programmes such as the government subsidy schemes, a benefit hitherto available only to the Banks, Prabhat Chaturvedi writes
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The partnership enables the companies to build smart risk-cover solutions for farmers to ensure financial safety and resilience against weather irregularities
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FM Nirmala Sitharaman says the agriculture credit target is increased to Rs 20 lakh crore and offers tax reliefs for the cooperative sector. Cooperation Ministry will get Rs 1,149.38 crore FY23-24
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The MoU was signed with the intent of promoting awareness about the new loan product called ‘Produce Marketing Loan’ to exclusively fund against e-NWRs (electronic Negotiable Warehouse Receipts)
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Agriculture Infrastructure Fund has about INR 1 lakh crore out of which INR 1000 crore have been allocated to drones. This will help the farmers in growing their crop yield and improve their income
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The average ticket size of such loans is Rs.39,000 per borrower. Till now, Kissandhan has managed to disburse an amount of INR 413.40 million to help the women beneficiaries
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Dvara E-Dairy Solution aims to create synergy between dairy farmers, financial services institutions and value chain companies to assist them in making informed decisions
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The nurture.farm-HDFC ERGO partnership aims to alleviate farmers’ distress associated with losses due to untimely and unfavourable conditions during the farming life cycle
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The Kisan Safalta Card will be offered to farmers at a pan-India level. In the first phase, it will be available to farmers in the states of Madhya Pradesh, Rajasthan, Maharashtra and Delhi NCR region
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