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LG calls for 100% saturation of benefits to agriculture and allied sectors

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Reviews implementation of agri credit schemes of financial institutions for HADP

Srinagar: Lieutenant Governor Manoj Sinha chaired a high-level meeting to review the implementation of Agriculture credit schemes of banking and financial institutions for Holistic Agriculture Development Program (HADP), an official press release informed Friday.

It said the LG directed the bank officials and administrative officers for seamless coordination at district level for effective implementation of HADP and 100 percent saturation of benefits under Kisan Credit Card and other Central and UT Schemes of Agriculture and Allied sectors.

He also directed the bank officials to appoint Nodal officers for both Jammu and Kashmir divisions to monitor the cases received by banks under HADP and other schemes of Agriculture and Allied sectors, the press release said.

“Small and marginal farmers should be top priority in implementation of HADP. Deputy Commissioners must ensure FPOs are transformed into engines of growth and districts must compete to script success stories of such organisations,” said the LG.

The LG said the 29 projects worth Rs 5013 crore under HADP will have a transformative impact on the agriculture economy of J&K.

He also sought inputs from the bank officials and impressed upon them to encourage other stakeholders to complement the government’s efforts in improving accessibility of farmers to the institutional sources of credit and further strengthening the agriculture and allied sectors.

The LG also appraised the action taken on the directions passed in the previous meetings of public sector banks, administrative departments and other financial institutions.

The officers of banks were directed to simplify and streamline the processes of extending credit and financial assistance services to the farmers.

Atal Dulloo, Additional Chief Secretary, Agriculture Production Department gave a detailed briefing on credit extension for scheme implementation in Agriculture and Allied sectors.

Dr Mandeep Kumar Bhandari, Principal Secretary to LG, Baldev Prakash, MD & CEO J&K Bank; Deputy Commissioners, heads and representatives of different banks, financial institutions and other senior officers of UT administration attended the meeting at Civil Secretariat.

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