The Gujarat government has declared importance for farmers. The Union Budget is currently underway. In the central budget, the government has brought many schemes for different traders and people. The people can benefit a lot from this budget of the government. Union Finance Minister Nirmala Sita Ram announced the 2022 budget. And farmers and traders can benefit a lot from this budget.
With the announcement of Gujarat government, farmers can get a lot of benefits in loans. Their income can also be multiplied. According to a recent decision by the state government, farmers who have taken a loan from a farming bank and are in arrears will have to pay only 25 per cent.
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In the budget presented by the Center, only 25% of the loan taken from the farmer’s bank will have to be repaid and the remaining loan will be forgiven. About 50,000 farmers of Gujarat will benefit from this scheme.