Extend interest subvention to tenant farmers, says panel

AN EXPERT PANEL has suggested inclusion of tenant farmers and more diverse agri-activities under the modified interest subvention scheme (MISS).

- SANDIP DAS

It has also recommended an increase in the rate of interest subvention.

"The scope of agriculture is expanding. With newer technologies and concepts, more activities need to be considered under the umbrella of the MISS," the panel said in its interim report. The committee is tasked with reviewing the MISS being implemented by the agriculture ministry and financial institutions.

The panel has suggested inclusion of various activities that are supplementary for crop production and marketing in interest subvention initiative to ensure steady and fair remuneration to farmers.