Kerala Budget thinks big for agriculture
The Hindu
Loans amounting to ₹2,000 crore to be provided for boosting infrastructure
Loans amounting to ₹2,000 crore will be provided during 2021-22 for boosting agriculture infrastructure in the State, Finance Minister K.N. Balagopal has said. Under the Cooperative Initiative for Agriculture Infrastructure in Kerala (CAIK), NABARD loan schemes for primary cooperatives at 4% interest will be made available through the Kerala Bank for infrastructure rejuvenation. The idea is to boost capital formation in the sector for creating local markets, warehouses, cold chain facilities, and processing centres for fruits such as pineapple, banana and mango, Mr. Balagopal says, presenting the revised Budget for the 2021-22 fiscal.
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