Crop loan of Rs 196 crore given to Chhattisgarh​ farmers in Rabi season

A sum to the tune of Rs 196 crore has so far been disbursed (at the rate of 0 %) to over 64,000 farmers through 1,333 cooperative societies.

Published: 02nd February 2017 08:30 PM  |   Last Updated: 02nd February 2017 08:30 PM   |  A+A-

For representational purpose

By PTI

RAIPUR: Crop loan to the tune of Rs 196 crore has so far been disbursed to over 64,000 farmers in the state during ongoing Rabi season, a top official said today. Chhattisgarh State Cooperative Bank (APEX Bank) has set a target to disburse Rs 600 crore interest-free short-term agriculture loans during the season through its primary agriculture cooperative societies, said Ashok Bajaj, Chairman Chhattisgarh State Co-Operative Bank.

A sum to the tune of Rs 196 crore has so far been disbursed (at the rate of 0 %) to over 64,000 farmers through 1,333 cooperative societies, he added. Giving a break-up, he said an amount of Rs 77.44 lakh was given away as loans to 388 farmers in Raipur, Rs 57.73 lakh to 309 farmers in Gariyaband, Rs 24.32 lakh to 105 farmers in Mahasamund and Rs 7.73 crore to 3320 farmers in Dhamtari districts.

Similarly a loan of Rs 72 lakh was given to 28 farmers in four districts of Bilaspur division and about Rs 19.35 crore to 4,385 farmers in seven districts of Bastar division, he added. The loan distribution will be continued till March 31.

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