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GENERAL ECONOMIC SURVEY
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STATE-AID TO AGRICULTURE
Under the Land Improvement Loans Act of 1883 and the Agriculture Loans Act of
1884, loans were given for improvement on land (Rs. 1,25,140 in 1956-57) for
purchase of seed, fodder, implements, etc. (Rs. 2,74,831 in 1956-57). Financial
assistance under both the Acts was inadequate to the agriculturists' needs. It
is also decreasing from year to year during the recent past. Loans and subsidies
were also granted under Grow More Food Scheme. Here, too, the assistance was
inadequate (e.g., Rs. 4,497 in 1954-55). Loans for Project Area were also given
(Rs. 1,23,695 in 1956-57).
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