Karnataka Grihalaxmi Crop Loan Scheme 2021 – Loan against ornaments mortgage at 3% interest

The Grihalakshmi Crop Loan Scheme 2021 was announced by the Government of Karnataka. CM HD Kumaraswamy introduced in Budget 2019-20. Under this scheme, loans are provided to all the farmers at low interest rates for pledging gold, silver, platinum etc.

The new Grihalaxmi Crop Loan Scheme 2021 in Karnataka can help all the farmers in distress and enable them to get easy loans for their crops. Now farmers do not have to wander around to get loans for crops, they can pledge their ornaments to get loans at low interest rates. This step of the state government will reduce the number of suicides of farmers who die due to inability to get loans.

Karnataka Grihalaxmi Crop Loan Scheme 2021

The entire farming community has welcomed this move of the state government. To launch Grihalakshmi Crop Loan Scheme 2021. Under this scheme, farmers can now get loan at only 3% interest. For this, farmers have to pledge their jewelery / jewelery. However, no specific allocation has been made by the state government in the recent budget.

This Grihalakshmi Crop Loan Scheme in Karnataka was to help farmers in the event of a crisis. Many farmer leaders said that the cheapest institutional interest rate is 9% and this scheme is a good step to boost the agriculture sector. However, farmers have more expectations from the Chief Minister.

Karnataka has the most dry land after Rajasthan and has been affected by drought for 14 to 18 years since 2001. All the farmers are desperate due to repeated losses. So, State Govt. I want the economic condition of the farmers to improve.

Karnataka farmers will get mortgage loan
Karnataka farmers will get mortgage loan

state government. It was also announced Rs. 5,500 crore for crop insurance, 50% subsidy for agriculture startup entrepreneurs and a special package of Rs. 150 crores for improving the condition of pomegranate and grape growers in the budget 2019-20. Government of Karnataka. Raitha Siri Scheme has also been announced to provide Rs. 10,000 per hectare to millet growers to promote millet cultivation.

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