Category : Economy & Banking
 Reserve Bank has stated that interest subsidy scheme on short-term crop loans of up to three lakh rupeeswill be implemented through the Direct Benefit Transfer (DBT) mode from the current financial year. The Centre has earmarked 15,000 crore rupees for 2018-19 towards interest subvention for short-term crop loans. The notification adds that the scheme will be required to be settled as applicable in Plan Scheme namely Scheduled Caste, Scheduled Tribe and North East Region among others. |
| Source- The Indian Express |
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