शेतमाल तारण कर्ज योजना
|शेतमाल तारण कर्ज योजना | Shetmal Taran Karja Yojana (Commodity mortgage loan scheme)|
शेतमाल तारण कर्ज योजनेची रक्कम व कालावधी –
शेतमाल तारण कर्ज योजनेच्या अटी
शेतमाल तारण कर्ज योजना (शेती विषयक कर्ज योजना) यशस्वी होण्यासाठी शेतकऱ्यासाठी काही जबाबदाऱ्या
Shetmal Taran Karja Yojana (Commodity mortgage loan scheme)
Shetmal Taran Karja Yojana (Commodity mortgage loan scheme) is an agricultural loan scheme. The details of this scheme are as follows.
Due to the economic needs of the farmers as well as the lack of adequate storage facilities at the local level, agricultural produce is brought in large quantities for sale till the time of harvest. Therefore, market prices of agricultural commodities decrease during this period. Farmers are suffering financial losses due to non-availability of proper market prices for agricultural commodities. However, Maharashtra Krishi Panan Mandal is implementing a Shetmal Taran Karja Yojana (Commodity mortgage loan scheme) to provide more assistance to the farmers during the harvest season, taking into account the financial constraints of the farmers during the harvest period. This is a brief overview of the scheme.
Amount and Term of Shetmal Taran Karja Yojana (Agricultural Mortgage Loan Scheme) –
The main objective of the scheme is to provide easy and quick loan to the farmers in the form of mortgage loan by keeping the mortgage in the warehouse of the Agricultural Market Committee without selling it at low price during the harvest season. Agricultural Mortgage Loan Scheme covers tur, green gram, urad, soybean, sunflower, coriander, paddy, safflower, sorghum, millet, maize, wheat, cashew nuts, raisins and turmeric. Under this scheme, farmers are given mortgage loan at the rate of 6% interest for a period of 6 months up to 75% of the total value of the commodity pledged in the warehouse of the Market Committee. This scheme is given to the Market Committees in the form of 3% interest rebate grant from the Market Board’s own funds.
If the agricultural produce produced by the farmer under this scheme is kept in the warehouse of the market committee under the mortgage scheme, the farmer concerned will be given 75% of the total price for soybean, tur, green gram, urad, gram, paddy, safflower, sunflower, turmeric, sorghum, millet, maize and wheat. As a loan. A maximum of Rs.80 per kg for 75 per cent of the total price for cashew nuts and a maximum of 75 per cent of the total price for raisins or less than Rs.7500 per quintal is given as collateral through the Market Committee. The interest rate for this loan is only 6% and the term of the loan is 6 months i.e. 180 days.
Terms of Agricultural Mortgage Loan Scheme –
Under the Agricultural Mortgage Loan Scheme, only agricultural produce is accepted from productive farmers. Commercial agricultural products are not accepted under this scheme.
The actual value of the pledged commodity is determined by the market price on that day or the basic purchase price announced by the government, whichever is lower.
The term of the mortgage loan is 6 months i.e. 180 days and the interest rate on the mortgage loan is 6%.
If the market committee repays the mortgage loan within 180 days, the interest on the mortgage loan is 3%. The remaining 3 per cent interest is given to the market committee as an incentive grant. If the loan is not repaid on time, no interest rebate is given.
After a period of 6 months, the interest rate is 8 per cent for the next six months and 12 per cent for the next six months.
The storage, maintenance and security of the mortgaged farm produce is done free of cost by the Market Committee.
It is the responsibility of the concerned market committee to insure the mortgaged farm produce.
The Agricultural Mortgage Loan Scheme is very useful and a boon for the farmers in the state. As the scheme is being implemented by the Agriculture Marketing Board for the benefit of the farmers and to benefit the farmers from the rising market prices in the future, the scheme is expected to benefit every farmer in the state. Farmers should contact their nearest market committee and urge the market committee to join the scheme.
Some responsibilities for the farmer to make the agricultural mortgage loan scheme (agricultural loan scheme) successful
Farmers should pledge their own goods in the market committee. Farmers should not pledge the goods of traders in their name.
After harvesting the farm produce, the farmers have to clean and grade the farm produce before putting it in the mortgage under the mortgage scheme.
What should be the ratio of other components as well as moisture in each crop. The scientific standard has been fixed in this regard. According to the pledge, the ratio of other components and moisture content in the crop should not exceed the prescribed limit. Any such goods as well as other goods stored in the warehouse may be damaged.
Farmers should study the market price within 180 days and be careful to sell the mortgaged farm produce at the right time. With more than 180 days of collateral for agricultural commodities, the possibility of a fall in market prices with the onset of next season’s commodities cannot be ruled out. Also, after 180 days, interest is charged on the mortgage loan at an increased rate.
After the mortgage is secured, the weight of the commodity changes according to the change in moisture at the time of sale or return of the commodity. This matter should be taken into consideration by the farmers.
In addition to the Agricultural Commodity Mortgage Scheme implemented by the Agricultural Marketing Board through the Agricultural Produce Market Committee, farmers get mortgage loans through banks on warehouse receipts if they keep their agricultural produce in a certified godown under the NABARD scheme. Farmers can also avail this scheme.
In the warehouse of Maharashtra State Warehousing Corporation, land is reserved for the farmers. Farmers are given some concession in warehouse rent. Apart from this, mortgage loans are given through banks, and if the market committee does not have a warehouse, mortgage loans are given through the market committee on warehouse receipts.
Funds are immediately made available to the market committees under the Agricultural Mortgage Loan Scheme.
The mortgage loan scheme is linked to the Aadhaar number. This will help in making the information of the beneficiary farmers immediately available.
Market Committees which do not have their own warehouses are given concessions to implement co-operative mortgage loan scheme by renting warehouses to the co-operative societies in the area.
Also, after filling the warehouse of the market committee at full capacity, if the market committee provides mortgage loan to the farmers on the warehouse receipt of the warehouse of the Central or State Warehousing Corporation, this loan will also be reimbursed by the Agricultural Marketing Board
The Agricultural Marketing Board’s Agricultural Shetmal Taran Karja Yojana (Commodity mortgage loan scheme) should benefit as many farmers in the state as possible by mortgaging their produce. For this, the farmers should contact their nearest Agricultural Produce Market Committee as well as the Divisional Office of the Agricultural Marketing Board to know more about the implementation of the Agricultural Mortgage Scheme. The Agriculture Marketing Board has tried to make the agricultural mortgage loan scheme more farmer oriented and more farmers are expected to avail the benefits of this scheme.