Are There Any Special Loans For Organic Farming Or Sustainable Agriculture
In India, organic farming and sustainable agriculture have become quite trend in the recent time. The financial institutions including the fintech businesses such as Rugr has also provided certain loans to support this change as the farmers are now knowing the benefits of these techniques. This piece tackles the many loan types that fit organic and environmentally friendly agriculture, as well as the options provided by Rugr and other lenders. Understanding Sustainable Agriculture Sustainable agriculture refers to a system of food production that is done in a socially acceptable manner, economically efficient and in an environmentally friendly manner as well. For instance, organic farming does not use artificial fertilizers and pesticides and instead relies on inputs such as compost and crop rotation. This has made people who are conscious of their health and the increasing demand for organic products to convince farmers to switch from the conventional farming to organic farming. Type...