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Eligible farmers are provided with a maximum debt relief of Rs 2 lakh through the Debt Relief Commission for loans availed by them from cooperative banks and societies.
The 1.5 per cent interest subvention will be provided to lending institutions for the financial year 2022-23 to 2024-25 for providing short-term agri loans of up to Rs 3 lakh to farmers.
The loan was taken from the Ezhamkulam branch of the Kerala Bank.
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