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  Financing Purchase of Land for Agricultural Purpose
   

Central Government
Department of Rural Development

 
Description/Purpose:

The scheme was launched in June 2004 and is valid up to April 2011. This scheme is entirely financed by Central Government. Scheme aims to finance the farmers to purchase, develop, and cultivate agricultural and fallow/waste lands. This scheme aims to make the small and marginal holdings economically viable, step up agricultural production and productivity and finance the share croppers / tenant farmers to purchase land to enable them to increase income. The agricultural policy of the Government of India envisages substantial credit flow to increase agricultural production and productivity. The primary objectives of this scheme are:

  1. To make the small and marginal holdings economically viable;
  2. To bring fallow lands and waste lands under cultivation;
  3. To step up agricultural production and productivity;
  4. To finance the share croppers/tenant farmers to purchase land to enable them to increase income.
 
Particulars:

Banks provide term finance to farmers for development purposes and short-term loans for production purposes. There is also a need to finance farmers for purchasing land to expand activities and make existing small and marginal units economically viable. This would enable farmers to diversify their present activities and take up allied activities. Small and marginal farmers who would own maximum of non- irrigated or irrigated land and Share croppers / Tenant farmers are eligible for the scheme.

 
Beneficiaries:
Farmers
 
Eligibility criteria:

Small and marginal farmers who would own maximum of non- irrigated or irrigated land and Share croppers / Tenant farmers are eligible for the scheme.

 

Contact

NABARD
Plot No. C-24, “G” Block
Bandra Kurla Complex
PB No. 8121
Bandra (E)
Mumbai - 400051
Ph: 022-26530083, 26539878
Email: dpd.fs@nabard.org

 
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