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Govt. rolls out Rs. 6.5 b concessionary loan scheme to support paddy purchasing in Yala season
Daily FT
|July 01, 2025
Loans up to Rs. 50 m per borrower at 7% annual interest with 180-day repayment Scheme runs from today to 15 November to stabilise market prices and ensure farmers get Minimum Purchase Price Targets SME paddy millers and cooperative societies with daily capacity of at least 25 tons and valid PMB registration Total of 15 State and private banks to help disburse funds
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THE Government yesterday announced a fresh concessionary loan scheme aimed at ensuring fair prices for paddy farmers during the 2025 Yala harvesting season, extending relief to small and medium-sized (SME) paddy millers and cooperative societies.
The program, scheduled to run from today (1) to 15 November 2025, will provide loans of up to Rs. 50 million per borrower at an annual interest rate of 7% with repayment due within 180 days, the statement issued by the Finance Ministry noted.
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