AP Runa Mafi Phase 1 Phase 2 List Guidelines

AP Runa Mafi Phase 1 Phase 2 List Guidelines

AP Runa Mafi Phase 1 Phase 2 Guidelines have been released by the AP State Govt in form of a G.O Ms.No.174 which has been published on the 14th of August 2014. The following are AP Runa Mafi Guidelines

The Runa Mafi operational guidelines to implement the above orders are annexed herewith.
All  the  implementing   agencies  viz;  Commercial  Banks,  Regional  Rural  Banks, Cooperative Banks (Other than Urban Cooperatives) as also Primary  Agriculture Cooperative Credit  Societies  (PACS)  and  Farmers’  Service   Cooperative  Societies  (  FSCS)  which  are accredited to the lending institutions for advancing direct agriculture crop loans, are advised to follow the guidelines for strict compliance.
The State Level  Bankers’ Committee (SLBC) of  Andhra Pradesh is requested to guide
and monitor the implementation of the scheme as per the guidelines.

AP Runa Mafi Scope and Coverage:

The  scheme  applies  to  crop  loans  (including  gold  loans  sanctioned  for raising crops) extended by Scheduled Commercial Banks, Regional Rural Banks and  Cooperative  banks  (not  UCBs)   through  their  branches/  Societies  in  the State  of  Andhra  Pradesh  (13  districts).  Loans  granted  to  primary  Agriculture Cooperative Credit Societies/FSCs which are accredited to lending institutions for advancing  direct  agriculture  crop  loans  to  agriculture  family  are  also  covered
under the scheme.

The Crop loans & agriculture gold loans disbursed for crop purposes only, including  the  loans  converted  to  MTL  due  to  calamities,  upto  31.12.2013  and outstanding (including interest) as on 31/3/2014 are eligible for coverage under the scheme.

Loans  which  were  outstanding  as  on  31.03.2014  would  be  eligible  for waiver even if they were subsequently repaid to the bank/cooperative

Loans excluded:
4.  Short  term  loans  sanctioned  for  meeting  working  capital  needs  of horticulture  activity,  allied  activities  like  fisheries,  poultry,  dairy  etc;  and agricultural produce (pledge) loans including loans against warehouse receipts, working capital to activities related to indirect finance like fertilizers, etc;

Download G.O 174 for complete details.