Indian Government Contribute Loans At 7 Percent To Finish Sugarcane Farmers Arrears
Indian Government are providing loans though the government at low interest of 7 % so that the sugarcane farmers are able to clear their Sugar Cane Arrears in one year.
The Act 1966, Sugarcane Control if the sugarcane farmers fail to clear the dues within 14 days or else they have to pay interest of 15 percent. The sugarcane farmers arrears has come down to 15,222 in 2018-2019 that will end in September 2019.
Source:Economic Times
- 26 Jul 2019
- WerIndia
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