Karnataka government will be launching a new scheme called Karnataka Arthika Spandana Scheme 2023 to help the agricultural sector continue its operation during the devastating period of the coronavirus pandemic. In this article, we will share with all of you the details about the new scheme which has been launched by the concerned authorities of Karnataka Government. We will share the eligibility criteria, educational criteria, benefits, objectives, and all of the other details regarding the scheme. We will also share with all of you the step-by-step application procedure which has been launched by the concerned authorities for all of the common public to apply for this new scheme.
About Karnataka Arthika Spandana Scheme
The new scheme which has been launched by the Karnataka Government will be providing a lot of benefits to the agriculture sector. Around rupees 39300 crores have been sanctioned to distribute loans among the agricultural sector of the Karnataka state. It is said that around 15,000 crore rupees will be dispersed among the agricultural sector. The farmers will be able to overcome all of the problems that they have been facing because of the coronavirus pandemic and the potential losses that they are incurring.
ಮಾನ್ಯ ಮುಖ್ಯಮಂತ್ರಿ ಶ್ರೀ @BSYBJP ರವರು ವಿಧಾನಸೌಧದ ಬ್ಯಾಂಕ್ವೆಟ್ ಹಾಲ್ನಲ್ಲಿ ಇಂದು ಸಹಕಾರ ಇಲಾಖೆ ವತಿಯಿಂದ ಕೋವಿಡ್-19ರ ಹಿನ್ನೆಲೆಯಲ್ಲಿ ಆಯೋಜಿಸಲಾಗಿದ್ದ ಕೇಂದ್ರ ಮತ್ತು ರಾಜ್ಯ ಸರ್ಕಾರದ ವಿವಿಧ ಯೋಜನೆಗಳಡಿ “ಆರ್ಥಿಕ ಸ್ಪಂದನಾ” ಕಾರ್ಯಕ್ರಮವನ್ನು ಉದ್ಘಾಟಿಸಿ, ಕಾರ್ಯಕ್ರಮವನ್ನುದ್ದೇಶಿಸಿ ಮಾತನಾಡಿದರು. (1/2) pic.twitter.com/om56QscOZc
— CM of Karnataka (@CMofKarnataka) September 16, 2020
Objective Of Spandana Scheme
S.T. Somashekhar’s specialization had set an objective of dispensing crop advances to the tune of ₹15,300 crores this year. Up until now, ₹7,929.30 crores had been dispensed to 12.11 lakh ranchers at zero and 3 percent loan fees. Posting different advantages allowed to ranchers, he brought up that the administration had as of late delivered ₹1,885 crores as a motivator to dairy ranchers at a pace of ₹5 per liter. Likewise, another plan had been taken up to give advances at zero percent financing cost to dairy ranchers and anglers. Additionally, a motivation of ₹12.75 crores had been given to 12,608 Asha labourers. This was notwithstanding ₹79 crores allowed to the Karnataka Milk Alliance to flexibly free milk to helpless families during the lockdown time frame.
Also Read: Karnataka Crop Loan Waiver Status
Details Of Karnataka Arthika Spandana Scheme
| Name | Karnataka Arthika Spandana Scheme 2023 |
| Launched by | Karnataka Government |
| Benefit | Providing loans |
| Objective | Helping the agriculture sector to overcome any problem |
| Official Site | – |
Benefits Of Karnataka Arthika Spandana Scheme
₹15,300 crores would be dispensed to the agribusiness part while a whole of ₹24,000 crores would be reserved for the non-farming segment. The Chief Minister said the Middle had conceded ₹4,525 crores to the State for fortifying ranchers’ makers’ associations and essential agrarian cooperatives, among others. Under the plan, the essential horticultural cooperatives would be overhauled as multi-administration focuses. Upwards of 1,549 cooperatives would be profited by this plan, he said. All in all, the scheme will bring a lot of loans to the agricultural sector. Around Rs.39300 crores worth of the loan will be given through various cooperative institutions.
Also Read: Swarnajayanti Gram Swarozgar Yojana
Online Application Procedure In Karnataka Arthika Spandana Scheme
The application procedure for the scheme has not yet launched for the common public as soon as the details about the application procedure is out we will inform you everything through this portal.