Karnataka Arthika Spandana Scheme

Karnataka government has launched Arthika Spandana Scheme 2020 for disbursal of loans to the tune of Rs. 39,300 crores. Chief Minister B.S. Yediyurappa has started Arthika Spandana programme for disbursing loans through various cooperative institutions.

Daily Current Affairs Quiz 2020

Key-Points

The state government has launched Karnataka Arthika Spandana Loan Disbursal Scheme 2020 by symbolically handing over cheques towards loans to 50 beneficiaries.

In the Arthika Spandana Loan Disbursal Scheme, primary agricultural cooperatives would be upgraded as multi-service centres.

As many as 1,549 cooperatives would be benefited by loan disbursing programme. Cooperation dept. had set up a target of distributing crop loans to a total amount of Rs. 15,300 crore this year.

Till date, around Rs. 7,929.30 crore had been disbursed to 12.11 lakh farmers at zero and 3% interest rates.