Youth Empowerment Sphere
(YES Arunachal)
Chief Minister’s Krishi Rinn Yojana (CMKRY)
Official scheme details, eligibility information and application guidance.
About the Scheme
Brief
The Government of Arunachal Pradesh has introduced The Chief Minister's Krishi Rinn Yojana (CMKRY) with the aim of providing a zero interest crop loan facility to farmers of the state to enable them easy access to formal credit through banking channels.
Objectives
To provide zero-interest crop loans, encouraging farmers to use formal banking credit and ensuring timely finance for improved agricultural productivity
Eligibility Criteria
- All farmers (small, marginal, or large)
- Members of Self-Help Groups (SHGs)
- Must be a Kisan Credit Card (KCC) holder
- Exclusively for farmers cultivating short-term crops; perennial food and plantation crops are excluded
- Farmers must have a good repayment track record and return the short-term credit within one year of disbursement
Benefits
- 4% Interest Subvention provided by State Government
- Interest-free loans up to ₹3 lakh for timely repayment
- 3% additional interest relief for prompt repayment within one year
- Combined with Central subventions, the effective interest rate becomes 0%
- Reduced financial burden, enabling reinvestment in crops
- Simplified KCC documentation using Circle Officer’s cultivated area certificate