Consider the following statements regarding agricultural and rural credit schemes in Rajasthan:
- The Krishi Upaj Girvi Rrun Yojana allows farmers to pledge their agricultural produce to secure loans at a 3% interest rate.
- The Rajasthan Gramin Aajivika Rrun Yojana was launched in October 2022 to provide financial support to small and marginal farming families.
- Zero Percent Interest Short-Term Loans are distributed directly by the State Government to individual farmers.
Which of the statements given above are correct?
🌟 Quick Verification
- Direct Answer: 1 and 2 only.
- Core Concept: Understanding the operational hierarchy and specific credit terms of Rajasthan's agricultural schemes is essential.
🧠 Concept Blueprint
- Why Statement 3 is Incorrect: Zero Percent Interest Short-Term Loans are NOT distributed directly by the State Government. They are distributed by Central Cooperative Banks through cooperative societies. The State Government's role is providing the interest subvention for those who repay on time, not the direct loan disbursement.
- Corrected Facts:
- Krishi Upaj Girvi Rrun Yojana: Utilizes a 3% interest rate against pledged produce.
- Gramin Aajivika Rrun Yojana: Launched in October 2022; specific to non-agricultural activities for small/marginal farmers.
💡 Exam Strategy & Trivia
Common Pitfall: In many exam questions, the role of 'Cooperative Banks' vs 'State Government' is often swapped to trick the candidate. Always remember: Banks distribute, Government subventionizes.