Poging GOUD - Vrij
₹1,000 crore credit guarantee scheme for farmers launched
The New Indian Express Vishakapatnam
|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.
Dit verhaal komt uit de December 17, 2024-editie van The New Indian Express Vishakapatnam.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Vishakapatnam
The New Indian Express Vishakapatnam
The Alpha School Project: A Daring Innovation
The Alpha Schools enterprise is a highly innovative experiment in school education in the US that commenced in 2014 based essentially on the use of AI. It is a bold departure from the traditional. Its essential features focus on personalised learning, efficiency, and holistic development. Founded in Austin, Texas, the Alpha School challenges the conventional modelwhere students endure lengthy lectures across fragmented subjects-by reallocating time to AI-powered learning and essential life skills. This for-profit private institution is crafting footprints in other cities. It also plans potential charter school integrations for broader access. It has at the same time sparked a debate: Is it a transformative force or a fleeting experiment?
2 mins
November 02, 2025
The New Indian Express Vishakapatnam
Connect Before You Correct
Facts rarely change minds; warmth does. Connection disarms defensiveness, turning resistance into willingness to learn
4 mins
November 02, 2025
The New Indian Express Vishakapatnam
Hosabale slams Kharge’s RSS remarks
RASHTRIYA Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale on Saturday dismissed Congress president Mallikarjun Kharge's call to ban the RSS, saying that society has accepted the organisation as one that works for national unity, security, culture and development.
1 mins
November 02, 2025
The New Indian Express Vishakapatnam
A Road Trip to White Male Meltdown
This twisted take on the great American road novel explores guilt, ego, and the restless mind of a man fleeing a failing marriage
3 mins
November 02, 2025
The New Indian Express Vishakapatnam
30 countries to join major maritime info sharing workshop in Haryana
AMID the growing importance of global maritime security, Gurugram will next week host the world's leading maritime experts for the Maritime Information Sharing Workshop (MISW) 2025, the Indian Navy's flagship event organised by the Information Fusion Centre, Indian Ocean Region (IFC-IOR).
1 mins
November 02, 2025
The New Indian Express Vishakapatnam
When the Forest Stares Back
A nocturnal trail in Sri Lanka's Sigiriya shows how humans can coexist with wildlife
2 mins
November 02, 2025
The New Indian Express Vishakapatnam
So You Think You are an Empath?
In this epoch of information overload, we watch a thousand crises unfold every day, where the sacred mixes with the profane at top speed, where the latest war updates are followed in quick succession by clips on how to wear a mekhela chador the proper way, how to make naan on an overturned tawa, what Ji Chang Wook said at the Gucci launch. This is popcorn for the brain, a topic I have addressed in an earlier column; we ingest everything, gulp it down, then move quickly on to the next snippet. Who really has the time to linger?
2 mins
November 02, 2025
The New Indian Express Vishakapatnam
The Future of a Stable India Depends on UBI
Kerala, we are told, is now the first state in India to be declared \"extreme poverty-free.
4 mins
November 02, 2025
The New Indian Express Vishakapatnam
Polavaram proj displaced families receive ₹1,000 cr compensation
A festive atmosphere prevailed at Velerupadu in Eluru district on Saturday as the State government distributed ₹1,000 crore compensation to families displaced by the Polavaram Irrigation Project.
1 mins
November 02, 2025
The New Indian Express Vishakapatnam
2005 fallout on Lalu, Nitish villages
IN Bihar's political heartland, two villages-Kalyan Bigha in Nalanda and Ful waria in Gopalganj stand as contrasting portraits of their most illustrious sons, Chief Minister Nitish Kumar and former Chief Minister Lalu Prasad Yadav.
1 mins
November 02, 2025
Listen
Translate
Change font size