jaipur while the cooperatives department had extended the deadline for repayment of shortterm interestfree crops loans by two months from june 30 to august 31 owing to a statewide internet ban after the beheading of kanhaiya lal in udaipur on june 28 the cooperative banks are not ready to bear the interest burden due to late repayments the banks have asked the finance department for support the matter has now been referred to the chief ministerchief minister ashok gehlot in the last years budget had announced the distribution of rs 18500 crore in interestfree shortterm loans to farmers and accordingly the banks disbursed rs 18100 crore loans last year corps loan attracts 7 per cent interest which is being shared by the state and the centre at a ratio of 43 those who pay back their loans on time get the interest subsidy of 7