Rythu Bandhu Pathakam
· Introduced in 1982, as pledge finance scheme and renamed as Rythu Bandhu Pathakam in 1995.
Financing against 75 % value of produce stored in godowns (ceiling Rs. 2 Lakhs per farmer, no interest
upto 180 days).
During 2014-15, Rs. 17.83 Crores advanced to 2423 farmers.
During 2015-16, Rs. 33.43 Crores financed to 3414 farmers. following is the progress
during last 3 years under the scheme
|
S. No |
Year |
No. of Farmers benefitted |
Fin. (In Lakhs) |
|
1 |
2013-14 |
2194 |
1533.75 |
|
2 |
2014-15 |
3145 |
2601.60 |
|
3 |
2015-16 |
3414 |
3342.66 |
In addition to continuing the existing pattern, it is proposed to pay the interest charged by ICICI
bank on loans given to Red Gram farmers against the warehouse receipts organised by Markfed.
This proposal under examination at Government level.