Latest Kangra Cooperative Agriculture and Rural Development Bank News & Updates

Shimla, June 27 (IANS) In a major relief measure for farmers facing financial distress, the Himachal Pradesh government on Saturday announced the launch of the Agriculture Loan Interest Subvention Scheme with a one-time settlement policy, fulfilling a key budget announcement. The scheme would assist farmers whose agricultural land is at risk of auction due to loan defaults. Under this farmer-centric initiative, the government would bear 50 per cent of the outstanding interest liability on agricu…