Interest-free crop loan up to Rs. 2 lakh: Minister

August 13, 2014 12:04 am | Updated November 16, 2021 07:11 pm IST - GUNTUR:

Agriculture Minister Prathipati Pulla Rao on Tuesday declared that the State government would provide crop loans upto Rs. 2 lakh without levying interest.

The Minister told a gathering of farmers at `Polam Pilustondi,’ programme at Chandreyepalem village in Bellamkonda mandal that the interest free fresh crop loans would be provided to farmers to take up Kharif operations. He also added that the government would soon waive off crop loans though it has entailed a burden of Rs.45,000 crore.

Asserting that he was committed to making farming a profitable endevour to ryots, Mr. Pulla Rao said agricultural tools were being provided to farmers at subsidized rates. He asked farmers belonging to SC/ST communities to make complete use of subsidies. Collector Kantilal Dande advised farmers to opt for crops like maize, sorghum which consume less water. He said that efforts were being made to impound 11 TMC of water in Pulichintala project by August 15.

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