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25 May 2017

Farm subvention scheme on crop loans to continue at 7%

The Reserve Bank on Thursday said farmers will continue to get short-term crop loan of up to Rs 3 lakh at subsidised interest rate of 7 per cent and the rate could go down to 4 per cent if they repay promptly in 2017-18.

21 Aug 2014

RBI sees no big impact of weak monsoon on growth, farm output

The impact of weak monsoon so far this year on India's farm production and economy is likely to be limited, the central bank said today, as rainfall levels have improved considerably over the past one month.

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