BoB launches agriculture investment credit scheme in Rajasthan

Posted on:02 Jan 2017 09:48:16
BoB launches agriculture investment credit scheme in Rajasthan
02 January 2017 Current Affairs: State-run Bank of Baroda has launched an agricultural investment credit for the farmers of Rajasthan.

Under the scheme, farmers can avail of loan from the banks branches for construction of farm ponds, installation of solar pumps, installation of micro irrigation, and for any other viable agriculture and allied activities.Initially, the scheme will be implemented in the districts of Sri Ganganagar, Hanumangarh and Bikaner and will be gradually extended to all the districts of Rajasthan.

The bank has already entered into tie-ups with leading suppliers of irrigation equipments to boost micro irrigation. 

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