|S.NO||Credit Facility||Quantum of Assistance|
Collateral / security-free loan
|Crop loan upto Rs.3 lakhs at 7% rate of interest. This interest rate becomes 4% due to 3% interest subvention incentives provided to those farmers who repay crop loan on time|
No need of collateral security for farm loan up to Rs 1.6 lakh
|2||Kisan Credit Card||Farmers can avail crop loan through Kisan Credit Card. Loan /credit limit is fixed on the basis of crop sown and area under cultivation. Kisan Credit Cards are valid for 3-5 years. Farmers are also provided risk coverage in the event of accidental death/ disability. Crop coverage loans are covered under the Crop Insurance Scheme.|
|3||Investment Loan||Loan facility to the farmers is available for investment purposes in the areas viz. Irrigation, Agricultural Mechanization, Land Development, Plantation, Horticulture and Post-Harvest Management|
Price Support Scheme (PSS) for Procurement of Oilseeds, Pulses & Cotton under Minimum Support Price (MSP)
|Name of the Scheme||Objectives||Beneficiary||Implementing Agency||Commodities covered|
|Likely Benefit to the growers||Pattern of Assistance|
prices to the
and raw jute.
Pulses & cotton growers in case of price fall below the
of India in
Rabi & Kharif
(i) Central Agencies
mends MSPs of 23 commodities,
7 cereals (paddy, wheat, maize,
and ragi), 5
pulses (gram, tur, moong, urad, lentil), 7 Oilseeds
seasmum, sunflower, safflower,
cotton and raw
(PSS) operations, farmers are assured to get
price in case
price of that
|i)Farmers– MSP for the specific commodity is fully paid to the farmers, in case the prices rule below the MSP.
(ii) Central Agencies – Losses incurred to the central agencies are fully reimbursed by the Government of India. Besides, service charges @ 2.5%
on the procurement cost for Copra and 1.5% for oilseeds, pulses & cotton
are also paid to the central agencies.
(iii) State /Primary Agencies – The difference between MSP and Ruling Price along with all expenses up to the storage points are paid to the State agencies by Central agencies/Government of India. Besides, 1% service charge at the ex-godown cost is also paid.
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