Saturday 27 August 2016
facebook.com/Outlookindia twitter.com/outlookindia digimag.outlookindia.com instagram.com/outlookindia youtube.com/user/OutlookMagazine

Rs 585 Cr Crop Loans Distributed to Farmers in East Godavari

Rajahmundry

East Godavari District Collector Neetu Prasad has said Rs 585 crore worth kharif crop loans have been distributed to farmers out of Rs 3,309 crore earmarked for loans this financial year.

"The banks are ready to provide crop loans. The loans will be sanctioned to the farmers whose crop loan accounts are renewed and those who are ready to renew their accounts in the district," Prasad said here yesterday after a meeting with bankers and and district officials.

For the initial period after bifurcation of Andhra Pradesh there were some problems, but now they have been resolved by assessing the usage of various resources available in the district for development, she said.

During the meeting, she reviewed the loans for various sectors. She directed agriculture officials to prepare a list of 18,000 tenant farmers who are eligible for loans from banks and urged the bankers to provide crop loans to farmers and also crop insurance.

Prasad also directed officials to prepare a comprehensive report on poultry industry which is inter-connected with agriculture, to increase the budget allocation for this year.

She said so far Rs 137.29 crore worth input subsidy was deposited for farmers whose crops were lost due to cyclone in the district last year.

This year, there is a target of Rs 1,273 crore worth loans for 40,171 self-help groups in East Godavari, out of which 1,802 SHGs have received loans worth Rs 59 crore.

On the occasion, Andhra Bank DGM V S Seshagiri Rao said the new loans sanctioned were delayed due to lack of clarity on rescheduling /waiver of crop loans and DWCRA group loans.

READ MORE IN:
SECTION: National
OUTLOOK 13 August, 2014
© Copyright PTI. All rights reserved. Republication or redistribution of any PTI content, including by framing or similar means, is expressly prohibited without their prior written consent.
Download the Outlook ​Magazines App. Six magazines, wherever you go! Play Store and App Store

Post a Comment

You are not logged in, please Log in or Register
  • Daily Mail
THE LATEST ISSUE
CLICK IMAGE FOR CONTENTS
OUTLOOK ON TWITTER
POLLS

In 1999, India and France entered into a $3.5 billion deal for the supply of these submarines. The first of the 6 subs is out on sea trials for the last three months and is to be commissioned later this year. At this stage, a newspaper in Australia has revealed secret data on the submarines, plausibly stolen from India. Indian Defence authorities have ruled out any pilferage of data from India.

POLL STARTED ON: Aug 26, 2016
Quiz
Brazil’s Rio de Janeiro is hosting the 31st Olympic Games from August 5 to 21. This is the first Olympics being held in South America and is going on even as a majority Brazilians are unhappy with their rulers. Here’s a quiz on some random Olympic facts and related trivia.
QUIZ STARTED ON: Aug 11, 2016
Advertisement