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CM: Target to disburse ₹28K cr in loans to 37L farmers this fiscal
The New Indian Express Hubballi
|August 29, 2025
Chief Minister Siddaramaiah on Thursday said despite NABARD (National Bank for Agriculture and Rural Development) reducing the concessional interest rate loan limit from Rs 5,600 crore in the previous fiscal to Rs 3,236.11 crore this year, i.e., by 42.21%, Karnataka has achieved 96.07% in loan disbursement to farmers.
Reviewing the progress of the cooperative department at his home office Krishna, he informed that Rs 25,939.09 crore agricultural loans have been disbursed to 29,75,598 farmers in 2024-25.
The state has set a target of disbursing loans of Rs 28,000 crore to 37 lakh farmers in the current fiscal and Rs 8,362.68 crore has been disbursed to 8,69,284 farmers by July-end, he added.
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