Agricultural Product Mortgage Loan is implemented for farmers at the Agricultural Product Market Committee, Gadchiroli. After the farmers store their farm products in the warehouse at the warehouse at Gadchiroli, they submit the warehouse receipt received to the Market Committee and fill out the demand form for mortgage loan. The Market Committee provides 75% of the farm product value as a mortgage loan at 6% interest rate; Loan is provided for the next 180 days at this rate. If the farm product does not get a fair market price for some reason or if the product is not sold, an interest of 8% interest is charged for the next additional period. During this period, farmers get good financial benefits by getting a good price for the farm product. Therefore, this scheme is receiving a good response from the farmers. The Market Committee Gadchiroli has been implementing this scheme well for the last 25 years.
