Arunachal Pradesh launches two schemes to boost agriculture & horticulture produce

Arunachal Pradesh launches two schemes to boost agriculture & horticulture produce

• In Arunachal Pradesh, the state government has launched two ambitious schemes related to agriculture and horticulture sector.
• The scheme for agriculture sector is called ‘AtmaNirbhar Krishi Yojna’. The state government has allocated Rs 60 crore to the scheme.
• The scheme for horticulture sector is named ‘AtmaNirbhar Bagwani Yojna’. A similar amount of Rs 60 crore has been allocated to this scheme as well.
• Both the schemes are based on front-ended subsidies. The credit link for the same will be provided to beneficiaries by SBI, Arunachal Pradesh Rural Bank and Arunachal Pradesh Cooperative Apex Bank.
• To avail the benefits of the schemes, beneficiaries will get the subsidy assistance in the following proportion:  45% (govt subsidy): 45% (bank loan): 10% (to be borne by the farmer).