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Press briefing of Cabinet Decision taken on 2017-03-14
Implementation of Interest Subsidy Loan Schemes proposed in the Budget 2017
- The Budget Proposals of 2017 have made provision for the 12 proposed concessionary loan schemes in several fields inclusive of providing concessions to the farmers dealing with small scale subsistence agriculture and the companies engaged in commercial level agriculture and to fulfil the housing needs of the low income groups. Therefore, the proposal made by Hon. Ravi Karunanayake, the Minister of Finance, to implement these loan schemes through the State and Private Sector Banks in the following manner, to be covered under 8 schemes, taking into consideration the executional convenience, was approved by the Cabinet.
Loan Scheme Beneficiary Group Proposed Loan Amount (Rs.)
'Ran Aswenna' Farmers, farmer organizations, agro processing establishments, rice mill owners, poultry farmers, ornamental fish farmers and floriculture farmers 750 million
'Govi Navoda' Small scale farmers and farmer organizations 500,000/-
'Diri Sawiya' Persons engaged in the field of poultry sector 75 million/td>
'Jaya Isura' Agriculture, fisheries, livestock, floriculture, horticulture, light engineering, printing, tourism, information technology sector, manufacturing industry, small and medium scale entrepreneurs engaged in handicrafts and garments upto 400 million
'Riya Shakthi' Persons engaged in the transport of School children 04 million
'Sonduru Piyasa' Sonduru Piyasa Low income group unable to build their houses on their own 200,000/-
'Mehesara' Registered media personnel upto 300,000/-
'Rivi Bala Savi' General public who purchase solar panel system for their households 350,000/-