Daijiworld Media Network- New Delhi (DD)

New Delhi, May 28: In a move expected to bring relief to the farming community, the Union Cabinet is likely to approve the extension of the Interest Subvention Scheme for the financial year 2025-26 during its meeting scheduled today. The scheme offers a 1.5% interest subsidy on crop loans up to Rs 3 lac, aiming to ease the financial stress on small and marginal farmers by providing affordable credit.

According to sources, the government remains committed to supporting the agricultural sector, especially in the face of rising input costs and unpredictable weather patterns. The continuation of this scheme is seen as a vital step towards strengthening rural livelihoods and promoting sustainable farming practices.

Simultaneously, the Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, is expected to convene to deliberate on crucial internal security issues amid evolving geopolitical dynamics. The meeting gains importance as global tensions continue to shift, requiring enhanced vigilance and strategic preparedness.

The twin focus of the day’s high-level meetings—agricultural welfare and national security—signals the Centre’s intent to reinforce core sectors of the economy and governance. With the Cabinet reconvening after a fortnight, key announcements are anticipated, especially in light of upcoming challenges both at the border and on the farm front.