Small pharma companies utilizing the interest subvention scheme must achieve incremental export revenue in excess of the sanctioned loan amount within 36 months of the last draw of the loan
2 min read2 Jul 2018The short-term crop loan of up to Rs3 lakh will continue to be made available to the prompt payee farmers at 4% interest rate only, while other farmers will get it at 7%
1 min read14 Jun 2017According to a notification released on the RBI website, farmers will get two months' additional time to repay loans falling due between 1 November and 31 December
1 min read27 Dec 2016Harsh Kumar Bhanwala, the chairman of Nabard, India's apex bank for rural finance, talks about the future trajectory planned for the sector to flourish
5 min read28 Nov 2015Under the interest subvention scheme, exporters are provided credit at subsidized rates in order to boost exports
1 min read10 Aug 2015Cabinet increases budget allocation for interest subvention scheme by more than Rs5,000 crore
3 min read23 Jul 2015O. Panneerselvam wrote a letter to the Prime Minister, urging him not to alter a nine-year-old central crop loan subsidy scheme without consulting states
2 min read30 Apr 2015Any misunderstanding in the scheme for concessional rates would be clarified with to all banks on Monday, says a senior finance ministry official
2 min read13 Apr 2015Export credit subvention extended to March 2012: RBI
1 min read11 Oct 2011The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared