Saturday, June 7, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Farmers & youth to get loans without collateral from next year

November 29, 2017
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Starting next year, farmers will get loans without requirement of collateral at low interest rate from various financial institutions in the country.

The central bank-Royal Monetary Authority (RMA) has come up with new loan policy called ‘Priority Sector Lending’ where farmers can avail themselves of loan at maximum of eight per cent interest rate to operate livestock and agricultural projects. Youth are also eligible to get such loans.

The Governor of RMA, Dasho Penjore, said the policy will act as a stimulus for economic transformation, and targeting critical sectors under cottage and small industries to become more business oriented.

“This policy ensures equal financial access to farmers and youth and without mortgage and guarantors, they have to insure which will act as collateral,” added Dasho Penjore.

RMA will launch the Priority Sector Lending Policy next month. Under the policy, the central bank also has plans to recommend financial institutions to grant loans of Nu 1.5 bn for both agriculture and non-agriculture cottage and small industries in the country.

Currently, Bhutan Development Bank Limited and Rural Enterprise Development Corporation Limited are the two key banks that provide loans to farmers.

 

 

 

 

Previous Post

Winter chili production in Chhimoong goes well

Next Post

Open sewer on Norzin Lam emits unbearable stench

Next Post
Open sewer on Norzin Lam emits unbearable stench

Open sewer on Norzin Lam emits unbearable stench

Police to come up with procedural guidebook on LGBT community

Police to come up with procedural guidebook on LGBT community

Limbukha Forest Ranger’s body recovered

Limbukha Forest Ranger’s body recovered

Please login to join discussion

RECOMMENDED NEWS

Landowner refuses to allow road construction through his land

Landowner refuses to allow road construction through his land

10 years ago
6
Bhutan’s maiden satellite on its way to space

Bhutan’s maiden satellite on its way to space

7 years ago
13
Farmers’ daily struggle against wild sparrow- Tang in Bumthang

Farmers’ daily struggle against wild sparrow- Tang in Bumthang

4 years ago
4

Man in custody for possessing contraband capsules

9 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (277)
  • Education (412)
  • Entertainment (13)
  • Environment (60)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (6)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (515)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September
  • Bhutan begins NFT sales, to preserve heritage
  • City bus viability raised in parliament, MoIT minister cites past privatisation failures
  • Paro MP questions airport expansion impact on affected landowners

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.