Centre rolls out ₹2.3 trillion loans scheme for farmers to kick-start rural economy and a raft of steps to ease hardship of urban poor hit by the lockdown The government on Thursday unveiled a ₹2.3 trillion cheap loans programme for farmers to prop up the rural economy ahead of the main summer crop planting season.
It also announced a raft of measures to ease the hardships of India’s urban poor who have suffered the most after the economy went idle because of a stringent lockdown.
The package for farmers, including fishermen and those engaged in animal husbandry, will offer access to cheap credit. While PM-Kisan beneficiaries will be able to avail concessional credit through Kisan Credit Card, totalling ₹2 trillion, 30 million small and