Krishi VaartaCNBC TV 18
Government to provide Rs 30,000 crore emergency funding for farmers through NABARD
To benefit around 3 crore farmers, mostly small and marginal farmers, the Narendra Modi government on Thursday announced Rs 30,000 crore additional emergency working capital funding through the National Bank for Agriculture and Rural Development (NABARD)._x000D_ _x000D_ Announcing the second tranche of economic stimulus package, finance minister Nirmala Sitharaman said, "NABARD will extend additional refinance support of Rs 30,000 crore for crop loan requirements."_x000D_ "This is over and above Rs 90,000 crore to be approved by NABARD through normal finance methods to benefit 3 crore farmers, mostly small and marginal farmers, to meet post-harvest Rabi and current Kharif requirement in May/June,"._x000D_ _x000D_ Source: CNBC TV 18, 14 May 2020_x000D_ If you find this information useful to you, like it and share it with your farmer friends._x000D_ _x000D_
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