Friday, January 22, 2010

PAVALAA VADDI SCHEME EXTENDED

HAPPY NEWS - FARMERS
Government of Andhrapradesh has extended the pavalaa vaddi scheme i.e subsidizing the Crop loan interest over and above 3% . The scheme is now applicable to kharif Crop loans repaid upto 31st March 2010 and Rabi loans repaid upto June 2010.In Vizianagaram District during 2008-09 more than 27000 farmers were benefitted and an interest subsidy amount of Rs. 86.13 lakhs was credited into their accounts.