Chhattisgarh government has disbursed about Rs 1272 crore to farmers in the state as farm loan at a nominal rate of interest of one per cent per annum.
The credit disbursement to the farmers is about 75 per cent of the target set by the state government for distributing loan in the current kharif session 2012-13. The loan disbursement under a state government scheme started from April 1. “Till now, loans to the tune of Rs 1272.43 crore had been disbursed to the farmers in the state,” officials with the cooperative department said. The amount is about Rs 358.43 crore more than the loan disbursed during the corresponding period last year, the added.