The Hindu Business Line : Interest cut on loans for poultry units

In a bid to bail out the poultry industry, which has been hit hard by the birdflu outbreak, the Government today decided to grant a one-time reduction of four percentage points in interest payment on bank loans taken by poultry units.

This would apply to accounts of all poultry units with commercial banks, co-operative banks and regional rural banks (RRBs), said the Union Agriculture Minister, Mr Sharad Pawar, after a meeting with the representatives of the poultry industry here.

More Stories on : Agricultural Policy | Poultry | Farm credit | Interest Rates

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