Under
the Aabiari scheme, financing facilities for tube well, other wells, irrigation
systems of all types including sprinklers are covered. The purpose is
to facilitate the farmers in overcoming the shortage of water for cultivation/plantation
since water is essential requirement for crops.
Salient Features:
The requirements
may differ from farmer to farmer.
Evaluation/assessment
of finance will be made on case to case basis.
The
finance will be for a period to be determined on the basis
of assessment
Repayment of the loan will be
on biannual basis or linked with crop cycle
Three quotations will be required
in case of machinery to be installed