Archive · 22 Dec 2025
Uttar Pradesh Cuts Loan Interest for Farmers
The Chief Minister of Uttar Pradesh, Yogi Adityanath, announced that small and marginal farmers will now get loans at a lower interest rate.
The interest rate on loans from the UP Cooperative Rural Development Bank has been reduced from 11.5% to 6%.
This change is part of the Mukhyamantri Krishak Samridhi Yojana, and the state government will cover the remaining interest subsidy.
The announcement was made at an event called Yuva Sahakar Sammelan in Lucknow.
This is good news for farmers because it will make it easier for them to borrow money for their farming needs.
Chief Minister Yogi Adityanath announced a reduction in the interest rate on loans for small and marginal farmers in Uttar Pradesh.
The interest rate on loans from UP Cooperative Rural Development Bank has been reduced from 11.5% to 6%.
The reduction is part of the Mukhyamantri Krishak Samridhi Yojana, with the state government covering the remaining interest subsidy.
The announcement was made at the Yuva Sahakar Sammelan event in Lucknow.
This change aims to provide relief to small and marginal farmers by making loans more affordable.
- Who
- Small and marginal farmers in Uttar Pradesh
- What
- Reduction in interest rate on loans from UP Cooperative Rural Development Bank
- When
- Announced on Sunday (specific date not mentioned)
- Where
- Uttar Pradesh, India
- Why
- To provide relief to small and marginal farmers
- Location
- Uttar Pradesh, India
- Announced By
- Chief Minister Yogi Adityanath
- Previous Interest Rate
- 11.5%
- New Interest Rate
- 6%
- Program Name
- Mukhyamantri Krishak Samridhi Yojana
- Bank Name
- UP Cooperative Rural Development Bank
- Event
- Yuva Sahakar Sammelan
- Event Location
- Lucknow