“Under the interest subvention scheme, short term crop loans up to Rs. 3 lakhs were extended at an interest rate of 7% per annum for up to one year.”
Govt. of India
Claim dated 26 May 2018.
FACTLY rated thisMISLEADING
In short
Govt. of India made this claim around 26 May 2018. FACTLY (India) looked into it and published its finding on 31 January 2019, 250 days later. Its rating was “MISLEADING”.
Govt. of India has 78 checked claims in this archive. Fact-checking organisations rated 5 of them false or fake, 28 misleading or mixed and 45 true.
Where the claim appeared
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This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.