Raipur: Agriculture loan of Rs 5 thousand 187 crore 50 lakh distributed to farmers so far

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Raipur, 7 September 2022

Against the target of providing farmers Rs. 5800 crore as agricultural loan for Kharif season 2022, Rs. 5 thousand 187 crore 50 lakh loan has been given to the farmers as on 7th September, which is 89 percent of the target. . Last year, during the same period, loans worth Rs. 4 thousand 435 crore 67 lakh were given to the farmers of the state.
It is worth noting that in the Kharif year 2021, agricultural loans of Rs. 4 thousand 747 crore 77 lakh were given to the farmers. According to the information received from the Agriculture Department, with the aim of promoting the use of organic manure in the state, arrangements have been made in the cooperative societies to provide vermicompost and super compost manure to the farmers in the form of agricultural credit. So far, farmers have lifted 6 lakh 16 thousand 871 quintals of vermi compost as agricultural loan, the total cost of which is more than Rs 61 crore 68 lakh.