Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
₹1,000 crore credit guarantee scheme for farmers launched
The Morning Standard
|December 17, 2024
THE Centre on Monday unveiled a credit guarantee scheme (CGS) to help small farmers who engage in distress selling.
Launched by Union Food and Consumer Affairs Minister Prahlad Joshi, the scheme provides a corpus of Rs 1000 crore to help farmers, especially small and marginal, access post-harvest loans using electronic warehouse receipts.
"The scheme will revolutionise agriculture credit systems and reduce banks' reluctance to provide loans to farmers," said Joshi.
Currently, farmers are compelled to sell their produce even if the price crashes to get money to invest in the next cycle of crops.
As this scheme takes off, farmers will get the opportunity to submit their produce and get issued electronic negotiable warehouse receipts (e-NWRs) by Warehousing Development and Regulatory Authority (WDRA) registered repositories.
It will act as collateral for banks to issue required loans.
Cette histoire est tirée de l'édition December 17, 2024 de The Morning Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Morning Standard
The Morning Standard
‘UGC-NET portal prone to snags’: candidates seek more time for registration
AMID the ongoing controversy over technical issues in the Central Board of Secondary Education’s evaluation system, students applying for the June 2026 cycle of the University Grants Commission-National Eligibility Test (UGC-NET) have alleged serious glitches on the examination application portal, raising fresh concerns about the digital infrastructure used for major national examinations.
1 min
May 27, 2026
The Morning Standard
'Jana Nayagan' in capital to meet Modi, FM today
TAMIL Nadu Chief Minister C Joseph Vijay will come to New Delhi on Wednesday in his first trip to the national capital since assuming office earlier this month.
1 min
May 27, 2026
The Morning Standard
Cabinet okays proposal to double income limit for ration cards to ₹2.5L
THE Delhi Cabinet on Tuesday approved a proposal to increase the annual income eligibility limit for ration cards from ₹1.2 lakh to ₹2.5 lakh under the public distribution system (PDS).
1 min
May 27, 2026
The Morning Standard
Quad sharpens Indo-Pacific focus, unveils new initiatives
THE Quad grouping sharpened its strategic focus on the Indo-Pacific on Tuesday as the foreign ministers of India, the US, Japan and Australia unveiled a set of initiatives aimed at strengthening regional energy resilience, maritime security, critical mineral supply chains and port infrastructure.
1 min
May 27, 2026
The Morning Standard
Siddu agrees to quit
Siddaramaiah seeks Governor's appointment at 2 pm on Thursday, calls CLP meeting the following day; no clarity yet on successor though Deputy CM Shivakumar is the front-runner
2 mins
May 27, 2026
The Morning Standard
Trump open to on-site destruction of uranium under IAEA supervision
DONALD Trump said Iran’s enriched uranium can be turned and destroyed in the US, but his preference is for it to be destroyed “in place” or at “another acceptable location,” under the supervision of the IAEA.
1 mins
May 27, 2026
The Morning Standard
Will not take possession by June 5, Centre informs HC
THE Delhi High Court on Tuesday noted the Centre’s submission that it would not dispossess the Gymkhana Club of its 27.3-acre premises by June 5.
1 mins
May 27, 2026
The Morning Standard
RCB captain Patidar punishes sloppy GT
Batter slams unbeaten 93 off 33 balls to take holders to 254/5
2 mins
May 27, 2026
The Morning Standard
Tata Board frets over loss-making biz
Heads of five heavily loss-making group companies present their turnaround strategy in the board meeting
1 mins
May 27, 2026
The Morning Standard
Jyothi, Dhiraj targetting Asian Games glory with an open mind
IN the recently-concluded Asian Games selection trials, some of the prominent archers from the country — both recurve and compound categories — failed to live up their standards, thereby missing out on a spot in the national team for the multi-sport event.
1 mins
May 27, 2026
Listen
Translate
Change font size