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Cabinet Backs Agriculture Credit Boost with Continued 1.5% Interest Aid

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Cabinet Backs Agriculture Credit Boost with Continued 1.5% Interest Aid

By Khushboo Kumari May 28, 2025 1.5% Interest Subvention 3% Prompt Repayment Incentive 4% effective interest rate 7.75 crore KCC accounts 7%affordable credit agricultural credit flow agricultural credit progress agricultural growth agriculture sector Animal Husbandry August 2023 claim processing cooperative banks credit support digital reforms doubling farmers’ income financial inclusion financial year 2025-26 fisheries FY26 institutional credit disbursement institutional credit flow interest rate movements KCC Kisan Credit Cards Kisan Rin Portal KRP lending costs lending institutions marginal farmers MISS Modified Interest Subvention Scheme New Delhi PM Narendra Modi PRI productivity rural banks short-term agricultural loans small farmers subsidized interest rate transparency Union cabinet ₹10.05 lakh crore ₹2 lakh loans ₹25.49 lakh crore ₹3 lakh ₹4.26 lakh crore ₹7.3 lakh crore

NEW DELHI: In a major step to support the farming community, the Union Cabinet, chaired by PM Narendra Modi, has approved the continuation of the…

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