date:Jul 21, 2014
per cent.
The farmers get a further incentive of 3 per cent for timely repayment and hopes to continue the scheme in 2014-15, the minister added.
Jaitley said that National Bank for Agriculture and Rural Development (NABARD) operated the Rural Infrastructure Development Fund (RIDF) out of the priority sector lending shortfall of the banks, which helps in creation of infrastructure in agriculture and rural sectors across the country.
The minister proposed to raise the corpus of RIDF by an addi