Coffee Package

Govt sets guidelines for availing relief under loan waiver package

The package is applicable for small planters who’s holdings are less than 25 acre and have
taken the special coffee term loan before 2002.
The Union Govt has approved the coffee loan waiver package for Rs 241.33 crore. Under the guidelines
the small planters who are eligible will now only have to pay 25 per cent of the loan amount to the banks. Read More

Read More...

Central Government introduces 363 crore coffee package for Planters

The special package shall offer  growers relief of up to 75 per cent of their total outstanding loans existing prior to 2002. Includes a 20 per cent waiver on crop loan liabilities, subject to a maximum of Rs. 1 lakh. For loans taken after 2002, one-tenth of the liability will be waived, subject to a maximum of Rs. 1 lakh.
The package only applies growers with holdings of up to 25 acres. Read More

Read More...