Tuesday, August 28, 2012

Government considering to set up an agriculture credit risk fund

......finance ministry official said the government is looking into this proposal along with many more suggestions but no final decision has been taken yet. "We have received various propositions from banks, banking association IBA and even the Reserve Bank. We are looking at all options," the official said. An RBI committee headed by MV Nair had also recommended a Credit Guarantee Scheme for small and marginal farmers. ......

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