Naveen announces Rs 6,000 cr low cost loan scheme for farmers
Of the total amount, Rs 3,500 cr will be disbursed in the khariff season and another Rs 2,500 cr during rabi plantation
Naveen Patnaik-led Biju Janata Dal (BJD) government on Monday announced to provide Rs 6,000 crore loan to the farmers at two percent interest rate through co-operative societies. This comes close on the heels of earlier scheme to provide free mobile handsets and health insurance to farmers, marking the overdrive by the ruling dispension to woo a prominent section of voters in the run up to the elections.