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The Department of Animal husbandry has launched this scheme along with National Bank for Agriculture and Rural Development (NABARD) in order to support dairy infrastructure projects with back ended capital subsidy of 25% of the project cost for the farmers of General category and of 33% for farmers of SC/ST category. More than one member of ...
The Rural Infrastructure Development Fund (RIDF) is another noted scheme for the bank for rural development. [31] Under the RIDF scheme, Rs. 51,283 crore have been sanctioned for 2,44,651 projects covering irrigation, rural roads and bridges, health and education, soil conservation, water schemes etc.
Joint Liability Group is a group of 4-10 people of the same village or locality of homogenous nature and of the same socioeconomic background who mutually come together to form a group for the purpose of availing loan from a bank without any collateral.
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue kisan credit card to the farmers of India.This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R. V. Gupta Committee [1] to provide advances for agricultural needs.
If the capacity is more than 30,000 tonnes or less than 100 tonnes then subsidy will not be given under this scheme. Subsidies will also be provided in some special cases up to 50 tonnes capacity. Subsidy will also be provided to rural warehouses with a capacity of 25 tonnes in hilly areas. The loan repayment period under this scheme is 11 ...
A review of the RRBs in August 2009 by the Union Finance Minister revealed that a large number of RRBs had a low Capital to Risk weighted Assets Ratio (CRAR). A committee was constituted in September 2009 under the chairmanship of K C Chakrabarty, [4] the deputy governor of the Reserve Bank of India (RBI) to analyse the financials of the RRBs and suggest measures, including re-capitalisation ...
This is an Education loan scheme to enable the ST students to meet expenditure for pursuing technical and professional education including Ph.D. in India. Under this scheme, the Corporation provides financial assistance up to ₹10.00 lakh per eligible family at concessional rate of interest of 6% per annum.
The National Dairy Development Board (NDDB) is a statutory body set up by an Act of the Parliament of India and an Institution of National Importance. [1] It is under administrative control of the Ministry of Fisheries, Animal Husbandry and Dairying of the Government of India . [ 2 ]