Aug 21 2009 12:52PM
NEW DELHI, Aug 21 (Reuters) - The Indian government said it will assist cane farmers with low-interest loans for seeds, fertilisers and pesticides.
This would give incentives to farmers to improve productivity and sugar recovery, it said in a statement on Friday.
"Loans would be disbursed to the sugar factories by Dec. 31 2009, who in turn, will pass on the loans, in cash or kind, to the cane growers in their area latest by March 31, 2010, at an interest rate not higher than 4 percent per annum," it said
No comments:
Post a Comment