Establishment of Agriculture-Clinic & Agriculture-Business Centres (2002)
- To provide extension services to farmers on payment basis through setting up of economically viable self-employment ventures. NABARD monitors the credit support to Agriculture-Clinics through Commercial Banks. Provision of credit-linked back-ended subsidy © 25 percent of the capital cost of the project funded through bank loan as well as full interest subsidy for the first two years on the bank credit has recently approved under the scheme.Agriculture Credit
- The Government has taken many policy initiatives for strengthening of farm credit delivery system for providing credit at affordable rates of interest to support the resource requirements of the agricultural sector.
- Agricultural credit is disbursed through a Multi-Agency
Network comprisiing of Commercial Banks, Regional Rural Banks (RRBs) and cooperatives with their vast network. The Cooperative Credit Institutions, both in short and long-term structure are the main institutional agency for dispensation of agricultural credit.