Telangana District Collector Anita Asks Bankers To Speed Up Disbursal Of Crop LoansJuly 18, 2017 19:52
Telangana District Collector Anita Asks Bankers To Speed Up Disbursal Of Crop Loans:- Telangana District Collector Anita Ramachandran on Tuesday asked bankers to disburse crop loans to farmers as a credit target was set for them.
Speaking at the review meeting with controlling officers of various banks, the Collector said the banks should release the amount up to Rs 1 lakh at a time to the farmers, as per the directions of the State Level Bankers Committee. Stating that ‘no cash’ boards should not be displayed at the banks as sufficient currency was supplied to them, she made it clear that the banks should not create any hurdles to farmers in drawing their loan amount as this was the time they purchase seeds and fertilizers for kharif.
She expressed displeasure saying the banks did not extend crop loans to farmers for kharif, contrary to the target. The Collector also directed bankers to speed up the process of sanctioning crop loans. The controlling officers should also submit the reports on the crop loans target, she added.
Marketing facility for SHG products
The Collector asked the banks to come forward to provide marketing facility to the products of SHGs (Self Help Groups) under the brand of “Bhuvana”. She announced that measures would be taken to create marketing facility to the products of SHGs by supplying them to government hostels and Yadadri temple.
District rural development officer S Venkat Rao, district agriculture officer Harinath Babu, LEAD bank officer Srinivas and SBI assistant general manager Giridhar also attended the meeting.