Joint Collector N. Yuvaraj issued instructions for sanctioning loans to all the tenant farmers holding Loan Eligibility Cards (LECs) before the end of this month.

LECs have so far been issued to 40,309 tenant farmers in the district and a sum of Rs 21.47 crore was disbursed to 10,313 farmers out of a total sum of of Rs 42.15 crore sanctioned for 23,124 farmers.

Addressing a review meeting on the LECs on Wednesday, Mr. Yuvaraj said the process of disbursing loans to the LEC-holders has to be expedited as the State Government attached top priority to it.

While doing so, the applications have to be thoroughly scrutinised to avoid discrepancies.

Sanctioned

A sum of Rs 11.28 crore was sanctioned for 6,260 tenant farmers in Guntur division and Rs 5.73 crore were disbursed to 3,090 farmers.

Loans disbursed

Loans amounting to Rs 8.70 crore were disbursed to 3,841 farmers in Tenali division out of Rs 12.76 crore sanctioned for total 6,189 farmers.

In Narsaraopet division, a sum of Rs 7.51 crore was disbursed to 3,382 farmers against a total sanctioned amount of Rs 18.12 crore for 10,675 farmers.

Kisan Credit Cards

Mr. Yuvaraj ordered the banks to prepare the list of farmers who are promptly repaying the loans, so as to issue Kisan Credit Cards to them before Oct 15.

Savings-cum-OD accounts have to be opened in the name of those living in rural areas and not having own land as part of the financial inclusion scheme.

Andhra Bank DGM K. Venkateswarulu, NABARD AGM M. Nageswara Rao, Lead District Manager Rami Reddy, DRDA Project Director G. Venkata Reddy and others were present.