Tuesday, 21 May 2024

 

 

LATEST NEWS Restoring Law and Order in Punjab is my Top Priority: Vijay Inder Singla Aam Aadmi Party is continuously growing in Punjab, many big leaders of opposition parties joined AAP How to Use the PPF Calculator Effectively to Make Financial Planning Simple Aam Aadmi Party could not fulfill even a single promise in two and a half years : Preneet Kaur Cong- AAP manifesto for UT has unmasked anti-Punjab face of both parties : Sukhbir Singh Badal Next SAD govt will give land rights to all border farmers tilling land along riverine tracts : Sukhbir Singh Badal Bittu has proved beyond doubt, ‘once a traitor, always a traitor’: Amarinder Singh Raja Warring Old pension scheme will be restored if Congress government comes : Gurjeet Singh Aujla Amarinder Singh Raja Warring Rallies Support in Gill and Atam Nagar, Highlights Congress Achievements Congress Promises Sweeping Reforms for Journalists, Youth, and Women: Sappal’s Bold Vision for India I have come from the birthplace of Lord Shri Ram, Jai Shri Ram to Chandigarh : Yogi Adityanath Congress got tremendous love in Majitha Law and order situation in Punjab a big zero, Bhagwant Mann should take training from Yogi: Dr. Subhash Sharma AIIMS snatched from Amritsar will be brought back LPU’s Fashion Student showcased their collections at Times Lifestyle Week in Gurgaon PUCA celebrates its 8th Foundation Day Deepshikha Deshmukh urges Young Women to vote: A message of Empowerment Governor Shiv Pratap Shukla flags off Drug Free India campaign Cool And Bawaal Working On Namacool With Hina Khan Says Sakshi Mhadolkar Lt Governor Manoj Sinha interacts with members of Apex Committee on Agriculture Development DC Jammu Sachin Kumar Vaishya reviews functioning of Revenue Department

 

NABARD & Other Banks Should Come Forward To Save Farming Sector: Tript Rajinder Singh Bajwa

Credit Limit For Self Help Groups Needs To Be Increased

Listen to this article

Web Admin

Web Admin

5 Dariya News

Chandigarh , 16 Jan 2018

The Rural Development and Panchayat Minister Tript Rajinder Singh Bajwa has invited the NABARD and other Banks to come forward for the survival of farming sector. During a state level function of NABARD here today, the Minister said that NABARD should come forward to provide loan on lower rates to the farming sector. He said that NABARD has an important part in providing loans for farming sector but lot of work needs to be done in this regard.During his speech Mr. Bajwa said that NABARD had lowered the credit limit of the self help groups from 6440 crore to 4140 crore, which needs to be increased.  He said that during the Dr. Manmohan Singh Government crop loan was provided at the rate of seven percent in 2006. But after every year half percent started increasing, now the rate is 4.5 percent. With this effect the profit of the cooperative societies were at the point of 2.5 percent. He said that NABARD should take up this issue with the centre Government. He further said that NABARD does not have a stable rate, it fluctuates at times, this needs to be stable.Mr. Bajwa said that farmers of Punjab faces new problems such as Stubble burning for addressing this problem the NABARD should come forward. He said that the Union Government should give the MSP for other crops also. He invited the younger generation to come forward for harnessing their potential as entrepreneurs. He said that the crop diversification is the need of the Hour and NABARD has the important part to make this a success.The Rural Development and & Panchayat Minister also inaugurated the 'STATE FOCUS PAPER 2018-19' of NABARD.On the occasion Mr Vishawjit Khanna, Additional Chief Secretary (Development), Mr. DK Tiwari, Secretary Expenditure, Mr. Anurag Verma, Secretary, Rural Development, Mr. Nirmal Chand, Regional Director, RBI, Mr. Sanjay Kumar, chief general manager SBI and Mr. PS Chauhan, GM-SLBC Convener, Punjab were also present.

 

Tags: Tript Rajinder Singh Bajwa

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD