Arunachal cabinet approves credit-linked schemes to boost agriculture, horticulture

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2 years ago

In a bid to boost the state’s economy through Agriculture-notes-for-state-psc-exams”>Agriculture and , the Arunachal Pradesh cabinet has approved two credit-linked schemes, which will facilitate Rs 300 crore Investment in the agro-based sectors, a minister said. The State Government has earmarked Rs 60 crore of subsidy each for Atma Nirbhar Krishi Yojana for agriculture and Atma Nirbhar Bagwani Yojana for horticulture during the 2021-22 fiscal, he said. The credit-linked programmes will have three components – bank loans, subsidy and beneficiaries’ contribution, Home Minister Bamang Felix told reporters.

Under the programmes, a farmer can get up to Rs1.6 lakh with no collateral or

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bank guarantee, while self-help groups can avail of up to Rs 10 lakh, the government spokesperson said. The schemes will be available across the state, and people need to apply at the deputy commissioner office in their respective districts.