PSU banks loan report: Govt banks lent this much for business, farming during coronavirus months

Under the scheme, the banks provide an additional line of credit of 10 per cent of the existing fund based on working capital limits, subject to a maximum of Rs 200 crore. State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors including MSME, agriculture and retail between March 1 and May 15 when businesses were reeling under the impact of COVID-19 crisis. Loans sanctioned at the end of May 8 stood at Rs 5.95 lakh crore.  “Loans worth over Rs 6.45 lakh crore were sanctioned…

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6 Basic Methods of Organic Farming

In today’s time where people are falling prey to chronic diseases easily, who would like to risk their life with the harmful pesticides and fertilizers? You should know that there is a way to rescue ourselves from these life threatening chemicals and that is Organic Farming. Organic farming is not a new concept; it is being practiced from ancient times. Organic Farming is a farming method which aims at cultivating the land and raising crops in such a way that the soil is kept alive and in good health by use…

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