As many as 9.38 lakh farmers in Chhattisgarh have availed a grand zero percent interest loan for short-term period offer of Chhattisgarh Government, an official statement informed on Saturday.
Overall, the farmers received Rs 2813 cr loan. The State Government had set apart loans worth Rs 2800 crore to be distributed in the kharif season but it had given away Rs 2,813 crore loans.
It may be mentioned here that on the instructions of Chief Minister Raman Singh, Short-Term loans with Zero per cent Interest rates are being distributed to the farmers since the year 2014 for both the Rabi and Kharif season crops.
APEX Bank Chairperson Ashok Bajaj said that apart from short-term loans the farmers are also provided with agriculture implements and other material. Cash loans amounting to Rs 1926 crore had been distributed to the farmers. Bajaj revealed that 59, 584 farmers had been allocated Rs 164 crore loan in Raipur district itself.
Chhattisgarh is basically known as rice bowl of the country with massive paddy output annually. The state produces pulses too significantly. The State has bagged National Krishi Karman Award in record production of paddy three times and for pulses once.