Cabinet approves continuation of Modified Interest Subvention Scheme (MISS) for FY 2025-26 with existing 1.5% Interest Subvention (IS)

The Cabinet approved the continuation of the Modified Interest Subvention Scheme (MISS) for FY 2025-26, maintaining the 1.5% interest subvention.

This Central Sector Scheme provides short-term KCC loans to farmers at subsidized rates, with a 3% prompt repayment incentive. The scheme supports agricultural credit flow and financial inclusion for small and marginal farmers.