The Rajasthan Government will shortly establish cooperative societies at all village panchayats across the State to facilitate the supply of seeds, fertiliser and agricultural inputs to farmers. The move would also make the process for release of crop loans easier and hassle-free.
State Cooperative Minister Parsadilal Meena said at Khatwa village in Dausa district earlier this week that the cooperative societies would ensure “all-round development and financial empowerment” of agriculturists by rendering essential services.
Inaugurating a newly-constructed godown for farm produce in the village, Mr. Meena said the State Government had already decided to enhance the release of crop loans from Rs.6,000 crore to Rs.8,000 crore this year at a nominal interest rate of 4 per cent. The credit limit would be expanded to Rs.10,000 crore in a year or two, he added.
Mr. Meena said his department had sanctioned the establishment of 22 new village cooperative societies in Dausa district, which would be registered and start functioning by November 8. The Cooperative Department would also extend support to farmers during the Rabi crop season, he said.