https://www.taxtmi.com/news?id=21529 Relief measures automatically activate on district declarations of natural calamity when crop loss meets the reduced 33% threshold, requiring lending institutions to restructure/reschedule crop and term loans, provide fresh credit, grant moratoria, relax security and margin norms, and not demand additional collateral; the DAC&FW interest subvention scheme provides 2% per annum to banks and a 3% prompt repayment incentive to farmers, with subvention on restructured loans continuing for the first year and potentially extended for severe calamities subject to central assessment and High Level Committee approval. en-us Wed, 03 Jul 2019 14:13:49 +0530 Wed, 03 Jul 2019 14:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21529 Relief measures automatically activate on district declarations of natural calamity when crop loss meets the reduced 33% threshold, requiring lending institutions to restructure/reschedule crop and term loans, provide fresh credit, grant moratoria, relax security and margin norms, and not demand additional collateral; the DAC&FW interest subvention scheme provides 2% per annum to banks and a 3% prompt repayment incentive to farmers, with subvention on restructured loans continuing for the first year and potentially extended for severe calamities subject to central assessment and High Level Committee approval. News - Wed, 03 Jul 2019 14:13:49 +0530 https://www.taxtmi.com/news?id=21529