Raipur, November 24
With an objective to provide financial assistance to the farmers in the ongoing Rabi season, the state government has distributed more than Rs 15.92 crore loans to them till November 22. The loan is being provided for short-term period and the rate of interest in minimal, i.e. only three percent annually. Earlier, the government had distributed loans to the farmers at same rate of interest during Kharif season. The loan is being provided to the farmers through 1333 primary cooperative societies. The loan is being given in the form of 60 percent cash amount and 40 percent farming materials like fertiliser, seeds, etc. The government started disbursing loan for Rabi crops in this fiscal from October 1, 2011.
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