Empowering Farmers Union Food Minister Rolls Out 1,000 Crore Rin Guarantee Yojana

Empowering Farmers Union Food Minister Rolls Out 1,000 Crore Rin Guarantee Yojana

The Central Government has taken a big initiative to ensure ease of getting loans to the farmers after harvesting. Union Food Minister Pralhad Joshi has launched a loan guarantee scheme of Rs 1,000 crore. The objective of this scheme is to remove the reluctance of banks to give loans to farmers against Electronic Negotiable Warehouse Receipts (e-NWR) registered by Warehousing Development and Regulatory Authority (WDRA). Launching the scheme, Minister Pralhad Joshi said, we have set up a fund of Rs 1,000 crore to encourage banks to give post-harvest loans. This…

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