Cabinet Approves Continuation of Modified Interest Subvention Scheme for FY 2025-26

Official Press

28 May 2025

The Union Cabinet has approved the continuation of the Modified Interest Subvention Scheme (MISS) for the financial year 2025-26, maintaining the existing 1.5% interest subvention. This scheme aims to provide affordable short-term credit to farmers through Kisan Credit Cards (KCC), allowing loans up to Rs.3 lakh at a subsidized interest rate of 7%. Farmers can also benefit from a Prompt Repayment Incentive, reducing their effective interest rate to 4%. The decision supports the government's commitment to enhancing agricultural productivity and financial inclusion for small farmers.

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India's Healthcare Workforce Exceeds WHO Standards

Expansion of Ayushman Arogya Mandirs to Enhance Healthcare Access in India

India's Textile Export Industry Growth and Government Initiatives

FSSAI Enhances Food Safety Testing Infrastructure to Combat Adulteration