Question

What are the services rendered by the banks in fulfilling the needs of farmers

Answer 1

answers

The government should introduce modern farming equipments, improved irrigation facilities, efficient organic fertilizers etc to help farmers increase their productivity

Answer 2

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• Short-term loans to farmers for raising crops I.e., crop loans.

• Medium and long term loans to farmers for agriculture and allied activities.

• Loans to farmers for pre - harvest and post - harvest activities.

• Loans to farmers upto 25 lakh against pledge/ hypothecation of agriculture produce.

• Export credit to corporates, partnership figures and institutions engaged in agriculture.

• Loans for purchase of agriculture land.

• Loans to distressed farmers indebted to non-institutional lenders.

• Loans to farmers under kisan credit card scheme.

• Export credit to farmers for exporting their own farm produce.

• Loans to Allied activities to agriculture.

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