abhishreshthaa
Abhijeet S
In response to the Hon'ble Union Finance Minister's emphasis on the need to step up priority sector lending and to examine financing farmers for purchase of land for agricultural purposes, the Working Group constituted by Indian Banks Association formulated a above scheme in consultation with the Government of India, RBI and NABARD.
The objective of the Scheme is to finance the farmers to purchase, develop and cultivate agricultural as well as fallow and waste lands as also consider financing purchase of land for establishing or diversifying into other allied activities.
Eligibility
(i) Small and marginal farmers i.e.. those who would own maximum of 5 acres of non- irrigated land or 2.5 acres of irrigated land including purchase of land under the scheme and
(ii) Share croppers / Tenant farmers are eligible.
The objective of the Scheme is to finance the farmers to purchase, develop and cultivate agricultural as well as fallow and waste lands as also consider financing purchase of land for establishing or diversifying into other allied activities.
Eligibility
(i) Small and marginal farmers i.e.. those who would own maximum of 5 acres of non- irrigated land or 2.5 acres of irrigated land including purchase of land under the scheme and
(ii) Share croppers / Tenant farmers are eligible.