26
Friday
May 2017
11:00 AM IST
News Headlines
Manchester bombing: 8 held in UK, threat level still critical        Trump threatens prosecution over US leaks of Manchester probe        US sends warship to South China Sea; Beijing protests        Sachin: A Billion Dreams: Sachin Tendulkar’s biopic to release across 2,800 screens        Man United beat Ajax to claim Europa League title        BCCI invites applicants for Team India coach, Anil Kumble a direct entry        Pakistan is a ‘well of death’, says Uzma Ahmed after returning to India        Chopper carrying Maharashtra CM Devendra Fadnavis crash-lands in Latur. Me, my team are safe, he tweets        Dalits asked to use soaps, scent before meeting Yogi        Farm subvention scheme on crop loans to continue at 7%        ISIS raises blackflags in Philippines, Christians taken hostage        Mark Zuckerberg to give Harvard graduation speech        'Gau Rakshaks' not related to BJP: Nitin Gadkari        Do more on terrorism, says Trump        Will 'Dangal' beat 'Baahubali 2' in box office ? Aamir responds        Maharashtra CM's helicopter crashes        'Aksharasagaram' project to give light of letters to elderly women        Fr.Tom Uzhunnalil issue: Pinarayi to intervene        IAS officers shifted after they openly trade charges        Kamal congratulates LDF govt, hopes Kerala will set an example        
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Main News
Farm subvention scheme on crop loans to continue at 7%
 
(Mumbai, May 25,2017):The Reserve Bank today 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. It said the Ministry of Agriculture and Farmers’ Welfare has initiated the process for continuation of the Interest Subvention Scheme.

“It has been decided by the government, as an interim measure, to implement the Interest Subvention Scheme for 2017 -18 till further instructions are received…,” the RBI said. Under the scheme, a subvention of 2 per cent per annum is provided for short-term crop loan up to Rs 3,00,000 per farmer provided the lending institutions make available short-term credit at the ground level at 7 per cent per annum to farmers.

An additional interest subvention of 3 per cent per annum is available to the “prompt payee farmers”.


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KERALA NEWS
'Aksharasagaram' project to give light of letters to elderly women
 (Thiruvananthapuram, May 25, 2017, PTI): A group of elderly women, unmindful of their failing  
Fr.Tom Uzhunnalil issue: Pinarayi to intervene
IAS officers shifted after they openly trade charges
Kamal congratulates LDF govt, hopes Kerala will set an example
INTERNATIONAL NEWS
Manchester bombing: 8 held in UK, threat level still critical
 (London, May 25,2017):British Prime Minister Theresa May today confirmed that a total of eigh
Trump threatens prosecution over US leaks of Manchester probe
US sends warship to South China Sea; Beijing protests
ISIS raises blackflags in Philippines, Christians taken hostage
NATIONAL NEWS
Pakistan is a ‘well of death’, says Uzma Ahmed after returning to India
 (New Delhi, May 25,2017):A young Indian woman, who said she was forced to marry a Pakistani m
Chopper carrying Maharashtra CM Devendra Fadnavis crash-lands in Latur. Me, my team are safe, he tweets
Dalits asked to use soaps, scent before meeting Yogi
Maharashtra CM's helicopter crashes
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