New Delhi: The government Friday said it would offer soft loans at 4 percent interest to cane farmers for seeds, fertilisers and pesticides to help increase productivity.
“Loans would be given by December 31, at an interest rate of 4 percent per annum. These sugar factories will in turn pass the loans in cash or kind to the cane growers in their respective areas latest by March 31 next year,” the government said in a statement.