AGRICULTURAL LOAN IN TAMILNADU

GOVERNMENT OF TAMILNADU


Loan -Cum- Subsidy Scheme for Small and Medium Farmers
Tamil Nadu
The Government have introduced a Loan - Cum- Subsidy Scheme to small and medium farmers belonging to the Backward Classes/ Most Backward Classes/ Denotified Communities, for the creation of new minor irrigation facility vide G.O. Ms. No. 111, Backward Classes, Most Backward Classes and Minorities Welfare Department, Dated 31.12.2007. The Government have so far provided funds to the tune of Rs.50.00 crores (2007-08 – Rs.25.00 crores and 2008-09 Rs.25.00 crores) to TABCEDCO for providing Subsidy under this scheme. The Scheme has been implemented through TABCEDCO. Under this scheme, bank loan with 50percent Government Subsidy subject to a maximum of Rs.50000/- is provided to each eligible beneficiary.


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