Thursday, 2 April 2020

Relief / Corona Crisis News of Big Relief for Farmers, Increasing Credit Return Limit

Relief / Corona Crisis News of Big Relief for Farmers, Increasing Credit Return Limit

The Corona crisis has brought great relief to farmers. Gujarat government has increased the limit on return of credit to farmers. Nitin Patel announced this at a press conference. He also announced the importance for health workers.

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What did Nitin Patel say?
The government will bear the burden of Rs 160 crore. 24 lakh farmers will get this benefit. Day CM Nitin Patel, while announcing the importance of farmers, said that the limit of refund of farmers' credit amount is increased by 2 months. March 31 is the last date for repayment of loans, followed by new financing. Keeping in view the crisis of Corona epidemic in the state, the Gujarat government has now fixed the date of repayment of the loan by May 31, 2020, raising the 2-month age limit.

Relief / Corona Crisis News of Big Relief for Farmers, Increasing Credit Return Limit

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The government will also pay 2 months interest
Besides, the government will also enjoy 7 percent interest on credit. The announcement will benefit 24 lakh farmers while burdening the government with 160 crore. The government will pay 2 months interest.

Relief / Corona Crisis News of Big Relief for Farmers, Increasing Credit Return Limit Rating: 4.5 Diposkan Oleh: Niya

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