What is taccavi loan – InterviewSolution

1.	What is taccavi loan
Answer» These loans are known as taccavi loans and are lend by the Government during emergency or distress like famine, flood etc. The RATE of INTEREST CHARGED against such loan is as low as 6 per cent. During 1990-91, the STATE Governments had advanced nearly Rs 350 crore as a short-term loan to agriculture.

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