Govt okays subsidised loans worth Rs 3,971.31 cr for micro-irrigation projects

On Friday  The Union Agriculture Ministry said it has agreed for subsidised loans worth Rs 3,971.31 crore for implementing micro-irrigation projects and maximum loan has been approved for Tamil Nadu. The interest supported loans are being offered under Micro Irrigation Fund (MIF) created with National Bank for Agriculture and Rural Development (NABARD) for implementing micro-irrigation projects. The steering committee of MIF has approved projects for loan worth Rs 3,971.31 crore,the ministry said in a statement 

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