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70,000 farmers get Kisan Credit Cards

Staff Correspondent
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‘The others will be covered under the scheme in the coming days'

Meeting: Lead Bank manager G.S. Basavarajappa, Deputy General Manager of Vijaya Bank B.A. Tata and RBI representative R. Ramachandran at a review meeting in Hubli on Wednesday.
Meeting: Lead Bank manager G.S. Basavarajappa, Deputy General Manager of Vijaya Bank B.A. Tata and RBI representative R. Ramachandran at a review meeting in Hubli on Wednesday.

Y. Mahadevaiah, Assistant General Manager of NABARD, has said that over 70,000 of the total 1,26,000 farmers in Dharwad district, i.e. 56 per cent farmers, had received Kisan Credit Cards.

He was speaking at the meeting held by District Consultative Committee and district-level Review Committee at the Karnataka Chamber of Commerce and Industry auditorium here on Wednesday.

Mr. Mahadevaiah said the other 40 per cent would be covered under the scheme in the coming days.

He said commercial banks had a major role in implementing government schemes and added that the banks should take the Kisan Credit Card Scheme seriously. He stated that the banks had to submit a report on the implementation of the scheme by October 15.

Hubli tahsildar S.S. Biradar said the ‘Bhoomi-Bank Integration' programme had already been initiated in the district. Under the programme, the process of pledging land by farmers and release of liabilities had to do be done online.

He said: “Banks have to equip themselves for this by October 30. Already the requirements for implementation of the programme have been intimated to banks. The programme will not only save time, but also make transactions more transparent.”

Progress

Elaborating on the progress achieved by various banks in the district, Deputy General Manager of Vijaya Bank B.A. Tata said the banks in the district had disbursed Rs. 400.65 crore against the quarter-end target of Rs. 430.73 crore, thereby recording an achievement of 93 per cent. He said the priority sector had been disbursed loans to the tune of Rs. 264.38 crore, which was 72 per cent of the target. Mr. Tata said that of the five blocks in the district, Hubli block had performed the best.

Representative of Reserve Bank of India R. Ramachandran said that of the 77 villages in the district, where there were no branches of any banks, banking facility had been extended to 26 villages.


  • Bhoomi-Bank Integration project launched
  • ‘Banking facility extended to 26 villages'

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