What are all the loans which come under the interest subsidy scheme?Does the loan taken by a farmer for construction of a House from primary Agricultural Co-operative societies come under the interest subsidy scheme?
Short term, Medium term and long term loans given for Agricultural and allied activities as classified by National Bank for Agricultural and Rural Development (NABARD) will come under the interest subsidy Scheme. Loans given to the farmers for non agricultural purposes including construction of a house will not come under the purview of this scheme.
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Short term, Medium term and long term loans given for Agricultural and allied activities as classified by National Bank for Agricultural and Rural Development (NABARD) will come under the interest subsidy Scheme. Loans given to the farmers for non agricultural purposes including construction of a house will not come under the purview of this scheme.
For more details click here