Disburse Fresh Loans To Farmers in State: Harish Rao

Hyderabad, June 28 (Maxim News): Finance Minister T Harish Rao instructed the bankers to disburse fresh loans to farmers in state.

Amid Corona protocols the bankers gave good services and the Government plans to give vaccines to the banking staff in a special drive he said.

The Finance Minister expressed hope that the bankers will not divert funds of loans towards arrears from the farmers. The Government gave about Rs 7300 Cr to 61 lakhs of farmers in just one week under Rythu Bandhu financial services scheme. Thus scheme he said is helping the poor farmers for Kharif crops. Chief Minister K Chandrasekhar Rao has been implementing the flagship programs for the benefit of the farmers. The banks should not take loan amount rowards arrears as they can purchase, seeds, fertilizers for crops he repeated.

The minister said that the farmers will be encouraged to sow oil palm, millers and crops that will get them additional income. The Government speed up construction of food processing zones in the districts Harish Rao said.

SLBC president Om Prakash Birla, RBI official Nikhila, Nabard CGM Krishna Rao and other officials present. (Maxim News)

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