Fisheries Loan: Pradhan Mantri Matsya Sampada Yojana—Eligibility and benefits explained | Mint

Fisheries Loan: Pradhan Mantri Matsya Sampada Yojana—Eligibility and benefits explained | Mint

Source: Live Mint The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is an initiative of the Department of Fisheries for ensuring sustainable and inclusive growth of the fisheries sector in India. It seeks to increase fish production, modernise infrastructure, adopt technology, support the value chain and improve traceability with an investment of ₹20,050 crore. The scheme…

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Short term loans for farmers: What are agricultural loans and how do they work? | Mint

Short term loans for farmers: What are agricultural loans and how do they work? | Mint

Source: Live Mint Agricultural loans enable the farmers to engage in seasonal activities like animal farming, purchase of land or buying of essential equipments. Short term loans are specifically designed to meet the emergency needs of farming operations for crop production, land preparation, storage and transportation with a view to making the operation of the…

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How inflation affects loan repayment? Key insights you need to know | Mint

How inflation affects loan repayment? Key insights you need to know | Mint

Source: Live Mint Loan repayment is one of the many aspects affected by inflation. It affects purchasing power of money, interest rates and overall cost of borrowing. For borrowers, inflation can have both positive and negative consequences, depending on factors such as the type of loan, interest rate structure, and economic conditions. Understanding inflation and…

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Kisan Credit Card Fisheries Scheme: From eligibility to benefits; all you need to know | Mint

Kisan Credit Card Fisheries Scheme: From eligibility to benefits; all you need to know | Mint

Source: Live Mint The fisheries sector is an important part of India’s economy that generates livelihoods for millions and contributes significantly to food security. Realising its significance, the government has initiated many initiatives one of which is the Kisan Credit Card Fisheries Scheme that provides loans specific to fishermen and fishermen farmers. Key advantages of…

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