Five lakh more farmers of Himachal Pradesh will be brought under Kisan Credit Card (KCC). Presently 4.36 lakh farmers have been covered under KCC. This decision was taken in a meeting held at the State Secretariat with Chief Secretary Ramsubhag Singh and NABARD Chairman Dr. GR Chintala. In the meeting, a detailed discussion was held regarding the various development projects going on under the National Bank for Agriculture and Rural Development (NABARD).
Kisan Credit Card to provide KCC to 5 Lakh Farmers in Himachal
The Chief Secretary informed that in the year 2021-22, loans worth about Rs 7296.17 crore have been disbursed in the form of crop loans in the state. The estimated credit potential for the year 2022-23 has been targeted at Rs.29172.00 crore. The sanctions for the state have increased to Rs 1134.33 crore in the financial year 2021-22 as compared to Rs 510.59 crore in the financial year 2017-18. The Chief Secretary directed the officers of various departments and NABARD to remove the bottlenecks in the credit flow in the agriculture sector.
He also asked to take effective steps to strengthen Primary Agriculture Credit Societies and Primary Weavers Cooperative Societies in Himachal Pradesh. It was informed in the meeting that during the year 2021-22 under NABARD, there was a credit flow of Rs 20260.14 crore to the priority sector at the grassroots level, while the credit flow to the agriculture sector was Rs 8855.60 crore. The achievement of NABARD was 77.98 percent in the year 2021-22 under the annual loan plan.
The Chief Secretary informed that in the financial year 2021-22, under the Rural Infrastructure Development Fund (RIDF), Rs 1134 crore has been sanctioned for various development projects including the setting up of poly houses, ropeways, and sewerage projects. Principal Secretary RD Najim, Bharat Khera, Secretary Amitabh Awasthi, Dr. Ajay Kumar Sharma, Himachal Pradesh Regional Office, NABARD General Manager Dr. Sudhanshu KK Mishra, Special Secretary Rakesh Kanwar, and senior officers of various departments were also present in the meeting.
Co-operative banks should focus on business efficiency: Chintala
NABARD Chairman Dr. GR Chintala reviewed the functioning of the three cooperative banks during his stay in the state on Thursday. Calling upon the officers of State Co-operative Bank, Jogindra Central Co-operative Bank, and Kangra Central Co-operative Bank, Dr. Chintala said that in the current developments it is necessary for the human resource of any institution to be technically proficient. Today’s era is of technology. In such an environment, we cannot live as mere exceptions. Keeping in view the banking environment, he asked the cooperative banks to focus on business efficiency. On this occasion, the Chairman of State Co-operative Bank, Khushiram Balnatah apprised about the working style of cooperative banks.