TIRUCHI: Speakers at a member education programme organised by the Primary Agricultural Co-operative Bank in Andanallur village near here, underlined the need for forming joint liability groups (JLG) by the farmers foravailing themselves of various services being offered by the cooperative banks.
The Special Officer of the Tiruchi District Co-operative Union S. Mathivanan said that each JLG should comprise a maximum of 10 farmers.
In addition to farm loans, the cooperative banks would also provide fertilizer either on cash payment or on credit basis. Bank loans would be extended to leasee farmers too.
The Special Officer of the bank, K. Lalitha, said that the bank’s share capital was Rs.15.78 lakh.
The bank had sanctioned crop loans to the tune of Rs.25.31 lakh during the current fiscal against the target of Rs.35 lakh.
The Field Manager of Indian Farmers’ Fertilizers Co-operative Society, D. Subramanian, appealed to farmers to conduct soil test in their fields for selecting the right fertilizer.
He specifically appealed to the farmers to switch over to the System of Rice Intensification (SRI) technique for registering a higher productivity and profitability.