Nabard to disburse Rs 1.20 lakh crore crop loan this fiscal

10 Sept 2020

Nabard to disburse Rs 1.20 lakh crore crop loan this fiscal

Apex agriculture financial institution Nabard annually disbursed Rs 90,000 crore crop loan to agriculture sector.

Nabard says Under the scheme, Rs 10,000 crore has been earmarked for the current fiscal and Rs 30,000 crore each year for the next three years. Nabard Chairman G R Chintala says that due to the pandemic there was a paradigm shift in the functioning of the agriculture sector. Agriculture Infrastructure Fund under the Atmanirbhar Bharat package will foster infrastructure for the sector.