Agriculture Loan

The Agriculture Loan guideline was approved by the 14th Kashag on 3rd March, 2014 with an aim to empower the farmers and encourage them towards practicing sustainable farming thereby utilizing the land leased by the gracious Government of India for agriculture. It also encourages the farmers to practice cooperative farming, farm mechanization, irrigation, ago-forestry and horticulture, dairy farming and commercial crop cultivation.

Since, most farmers in the settlements have a single monsoon crop that gives them an income only in the months of September-October. This income is also uncertain because currently the yield from these crops is highly dependent on rainfall, which can be very erratic. One way to reduce this uncertainty in yields is to invest timely, in good quality farm inputs such as seeds, farm implements, manure etc. But for that the farmer needs financial, especially working capital, support all year round. Hence, access to credit, at affordable rates, assumes a lot of significance in the farmers’ lives.

The Agriculture Division provides two types of Agriculture loan:

  1. With minimal interest at 3%: The loan amount supports the farmers with purchase of Farm machineries, irrigation equipment, ago-forestry and horticulture plantation, dairy farming and commercial crop cultivation. The loan repayment period varies from one to three years depending on the loanee’s repayment ability.
  2. Without interest loan is ten months and when farmer needs financial, especially working capital, support all year round, this loan serves the purpose. Most of the settlements have access to credit for agricultural purposes but it is mostly limited to credit for farm inputs from cooperative society. Credit facility for other agriculture related operations such as dairy farming, irrigation devices, fencing etc. to adopt new farming models and to start new farm-based allied activities.

Download Agriculture Loan FORMS and GUIDELINES from here:

GUIDELINES FORMS
GUIDELINES (Consist of 7 Pages) in Tibetan FORMS (From KA to GA in English, NGA and Appendix in Tibetan)

Different types of Agriculture Loans provided:

:: Tractor Loan ::
Settle-
ments
Tractors Farmers Acres Loan Amount
2014 2016 2017 Total 2014 2016 2017 Total 2014 2016 2017 Total 2014 2016 2017 Total
Odisha 2 2 6 6 395 395 1,260,000 1,260,000
Miao 1 1 3 5 3 3 9 15 15 30 24 69 500,000 400,000 1,500,000 2,400,000
Mainpat 2 1 3 6 6 3 6 15 154.5 101.5 155 411 1,260,000 630,000 1,8660,000 3,750,000
Mainpat 1 1 Nyamdel 630,000 630,000
Kollegal 2 2 Nyamdel 1,260,000 1,260,000
Bhandara 1 1 3 3 49 49 630,000 630,000
Total 9 2 6 17 18 6 15 39 613.5 131.5 179 924 5,540,000 1,030,000 3,360,000 9,930.000
:: Low Interest Loan ::
Settlements Farmers (Yearwise) Cultivated Acres Loan Amount
2014 2015 2016 2017 Total 2014 2015 2016 2017 Total 2014 2015 2016 2017 Total
Delar 1 3 4 15 23 17 17.82 17.5 25 77.32 200,000 397,000 500,000 1,200,000 2,297,000
Kollegal 2 13 12 3 30 28 1379 131 1538 310,000 2,600,000 2,400,000 600,000 5,910,000
Miao 1 8 9 8 26 2 17.5 25 15.5 60 100,000 800,000 1,100,000 800,000 2,800,000
Mainpat 2 2 71.4 71.4 300,000 300,000
Ravangla 1 1 630,000 100,000
Hunsur 5 1 7 13 26.45 14.5 14.5 55.45 1,000,000 200,000 950,000 2,150,000
Mundgod 14 5 8 22 108.4 21 129.4 1,450,000 500,000 300,000 2,250,000
Bhutan 2 2 1,000,000 1,000,000
Lugsam 2 1,798,000 300,000 2,098,000
Odisha 4 6 76 76 900,000 900,000
Total 5 43 59 38 145 47 1549.2 396 55 2047.6 710,000 6,247,000 8,698,000 4,150,000 19,805,000
:: Interest Free Loan ::
Settle-
ments
Farmers Acres Loan Amount
2014 2015 2016 2017 Total 2014 2015 2016 2017 Total 2014 2015 2016 2017 Total
Odisha 25 13 21 29 88 1218.96 859.2 925 1207 4210.8 1,855,000 1,210,000 2,784,000 3,352,000 9,201,000
Mundgod 2 2 18 14 36 35.12 45.31 231.62 212 524.5 50,000 75,000 696,000 627,000 1,448,000
Mainpat 23 15 20 23 81 932.9 761 1156.6 1344 4194.2 1,635,000 1,245,000 1,800,000 2,015,000 6,695,000
Kollegal 23 31 29 38 121 359.3 534.17 532 638.2 2063.67 545,000 870,000 890,000 1,898,160 4,203,160
D’shala 1 1 0.5 0.5 50,000 50,000
Bhandra 1 1 2 51.7 52 103.7 90,000 90,000 180,000
Total 75 62 88 104 329 2598.4 2251.7 2845.2 3401 11097.4 4,225,000 3,490,000 6,170,000 7,892,160 21,777,160
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