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904 farmers take crop loans from banks

904 farmers take crop loans from banks
Highlights

August 31 and July 31 are the last dates for farmers to pay the premium of crop insurance in Khariff 2019 for paddy and maize respectively, the District Agriculture Officer said at a meeting of the Review Committee chaired by the collector.

Medchal: August 31 and July 31 are the last dates for farmers to pay the premium of crop insurance in Khariff 2019 for paddy and maize respectively, the District Agriculture Officer said at a meeting of the Review Committee chaired by the collector.

The DAO informed the meeting that 904 farmers had so far taken crop loans from banks. The premia to be paid by farmers are Rs 680 (paddy) and Rs 500 (maize).

The Collector advised the lead bank manager to secure details of the loans disbursed by banks. He said Bajaj Company had paid Rs 2.25 lakh to 160 farmers who suffered losses in 2017 Rabi. The company would make public on Wednesday the amount paid to each farmer.

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