{"id":128481,"date":"2023-01-18T12:17:24","date_gmt":"2023-01-18T06:47:24","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=128481"},"modified":"2023-01-18T12:17:25","modified_gmt":"2023-01-18T06:47:25","slug":"mou-signed-to-facilitate-low-interest-rate-loans-to-farmers","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/mou-signed-to-facilitate-low-interest-rate-loans-to-farmers\/","title":{"rendered":"MoU signed to facilitate low interest rate loans to farmers"},"content":{"rendered":"\n<p><strong>MoU signed to facilitate low interest rate loans to farmers:<\/strong> In order to facilitate farmers in providing low-interest rate loans, Warehousing Development Regulatory Authority (WDRA) signed a memorandum of understanding (MoU) with the State Bank of India (SBI), India\u2019s largest public sector bank on Monday.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.gkseries.com\/blog\/category\/daily-quiz\/daily-quiz-january-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">January 2023 Current Affairs Quiz<\/a><\/strong><\/p>\n\n\n\n<p>Reason: To promote awareness about the new loan product called Produce Marketing Loan to exclusively fund against e-NWRs (electronic Negotiable Warehouse Receipt). It also aimed to&nbsp;provide information to depositors about the benefits,&nbsp;besides doing further outreach activities to improve agricultural pledge finance in India.<\/p>\n\n\n\n<p>It is envisaged that the low-interest rate loans to farmers would have far-reaching consequences with regard to the acceptance of e-NWRs among small and marginal farmers. It has the potential to make a significant impact on the finances of rural depositors by preventing distress sales and releasing better prices for the produce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MoU signed to facilitate low interest rate loans to farmers: In order to facilitate farmers in providing low-interest rate loans, Warehousing Development Regulatory Authority (WDRA) signed a memorandum of understanding (MoU) with the State Bank of India (SBI), India\u2019s largest public sector bank on Monday. January 2023 Current Affairs Quiz Reason: To promote awareness about [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":128482,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4996],"tags":[74,65],"offerexpiration":[],"class_list":["post-128481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-january-2023","tag-bank-current-affairs","tag-current-affairs-on-memorandum-of-understanding"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/128481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=128481"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/128481\/revisions"}],"predecessor-version":[{"id":128483,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/128481\/revisions\/128483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/128482"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=128481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=128481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=128481"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=128481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}