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State govt. to give interest-free loan for farmers

The State government has allocated Rs 40 million to provide such a loan by the establishment of the State Agriculture Promotion Fund.

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SUDURPASCHIM: The Sudurpaschim State Government has announced to provide of interest-free loans to the farmers to promote commercial farming.

In the State government’s budget for the upcoming fiscal year released on Friday, the State government has announced to provide interest-free loans by bringing about reforms in the agricultural grants and to properly utilise such grants.

The State government has allocated Rs 40 million to provide such a loan by the establishment of the State Agriculture Promotion Fund.

The State has also planned to become self-reliant on legumes, spicy goods and fruits within five years.

Likewise, the agriculture ambulance service will be run in partnership for the market promotion of agricultural goods.