Central government has decided to issue Rs 20,500 crore worth of quick loans to farmers who need money for the critical summer-sowing season starting in June-July.
Farmers will be able to access agricultural loans, fertilisers, seeds and power, through this quick loan which will be issued by three types of rural banks across states.
These are 33 state co-operative banks, 352 district central co-operative Banks and 43 rural regional banks.