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Tamil Nadu
Rs.933.63-crore credit plan for Krishnagiri
| Give priority to loans for drip irrigation, says Collector |
Collector Santhosh Babu (centre) releasing the Annual Credit Plan for Krishnagiri on Tuesday. –
Krishnagiri: The Annual Credit Plan for Krishnagiri district for 2008-09 envisages a bank loan projection of Rs. 933.63 crore under the priority sector, which is an increase of 24.23 per cent over last year’s plan, Collector Santhosh Babu has said.
Releasing the plan at the district consultative committee meeting here on Tuesday, the Collector asked non-governmental organisations of Mahalir Thittam to identify credit rated groups before April 30, 2008. The district administration will segregate credit rated groups in every block and link them with banks, he said.
Assistant General Manager National Bank for Agriculture and Rural Development V. Thirumalai received the first copy.
The Collector asked bankers to accord top priority for providing loans for the installation of drip and sprinkler irrigation systems, precision farming, cut flower cultivation and other allied sectors of agriculture.
Mr. Babu said that out of the total outlay the agriculture sector alone would get a lion’s share of Rs. 560.45 crore. The projection for crop loans was Rs.308.08 crores, an increase of 20.45 per cent over the previous year. An amount of Rs. 210.15 crore has been projected for agri-term loans.
Of this, Rs.19.09 crore has been allotted for minor irrigation and land development, Rs.35.40 crore for farm mechanisation, Rs.75.45 crore for horticulture and plantation and Rs.80.21 crore for other sectors.
Besides this, Rs.42.22 crore has been projected for allied activities of agriculture, Rs.153.14 crore for non-farm sector/SSI and Rs.220.04 crore for other priority sectors.
An amount of Rs.180.15 crore has been projected under government-sponsored schemes for the benefit of 25.492 families.
An outlay of Rs.23.66 crore has been projected as education loans in the current fiscal. Of the total outlay, Rs.840.93 crore will come from commercial banks and Rs.87.70 crore from cooperative banks constituting 9.39 per cent of the outlay.
The Collector appreciated the bankers for the commendable performance in the plan and expected the tempo to be maintained in the remaining part of the current year.
Deputy General Manager Indian Bank G. Muthappan and Lead District Manager B. Vadivel also spoke.
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