Interest Free Loan

“The capital expenditure portion has not been reduced in the 2023 budget. For the centrally aided projects, the Centre is now directly transferring via direct benefit transfer. So, it is not reflected in our capital expenditure," said KN Balagopal.

Maharashtra Budget 2021: Govt announces interest-free farm loans up to Rs 3 lakh, 33% rebate on power bills

The Maha Vikas Aghadi government announced a scheme worth Rs 2,000 crore for strengthening Agricultural Produce Market Committees in state.

Interest-free loan for 1 year won't help sector much: ISMA

Abinash Verma of ISMA says the government will be bearing the interest for just one year and that doesn't seem to be an interest-free loan in the true sense of the word. Earlier, about one-and-half-years ago, the government had given a similar loan and was willing to bear the interest for five years.

Glad govt is looking at sugar sector: Sakthi Sugars

M Manickam of Sakthi Sugars says mills may be in a position to clear Rs 4,000-5,000 crore, with their own resources. So, this Rs 6,000 crore will be an addition.

Interest-free loan not what sugar industry needs: ISMA

Abinash Verma of ISMA says the basic problem that the industry is facing is on account of surplus sugar which will be almost 10-10.5 MT from beginning of next season – which is 4-4.5 MT more than what the government norms require to carry, putting pressure on sugar prices.